Instructure Hldgs Q2 Adj EPS $0.19, Inline, Sales $131.07M Beat $129.09M Estimate
Portfolio Pulse from sunil@benzinga.com
Instructure Hldgs (NYSE:INST) reported Q2 earnings of $0.19 per share, in line with analyst consensus. This is an 11.76% increase YoY. The company also reported quarterly sales of $131.07M, beating the analyst consensus of $129.09M by 1.53%. This is a 14.39% increase YoY.
July 31, 2023 | 8:31 pm
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Instructure Hldgs reported Q2 earnings in line with estimates and sales beating estimates. This could potentially lead to a positive market reaction.
Instructure Hldgs reported Q2 earnings that met analyst expectations and sales that exceeded expectations. This is generally seen as a positive sign by the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100