Ansys Q2 Adj EPS $1.60 Beats $1.49 Estimate, Adj Sales $496.60M Beat $491.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ansys reported Q2 adjusted earnings of $1.60 per share, beating the analyst consensus estimate of $1.49 by 7.38%. However, this is a 9.6% decrease from the same period last year. The company also reported adjusted sales of $496.60 million, beating the estimate of $491.13 million by 1.11%, marking a 4.35% increase from last year.
August 04, 2023 | 12:12 pm
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Ansys reported better than expected Q2 earnings and sales. However, earnings per share decreased by 9.6% compared to the same period last year.
Ansys reported better than expected Q2 earnings and sales, which is generally positive for the stock. However, the decrease in earnings per share compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100