Futu Holdings Q1 Adj EPADS $1.14 Beats $0.71 Estimate, Sales $318.46M Beat $235.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Futu Holdings reported Q1 earnings of $1.14 per share, beating the analyst consensus estimate of $0.71 by 61.13%. Quarterly sales were $318.46 million, surpassing the estimate of $235.94 million by 34.97%. Both earnings and sales increased significantly compared to the same period last year.
May 24, 2023 | 8:09 am
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Futu Holdings' Q1 earnings and sales exceeded analyst estimates, with earnings up 61.13% and sales up 34.97% compared to expectations.
Futu Holdings reported strong Q1 results, with both earnings and sales significantly surpassing analyst estimates. This positive news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100