StoneX Group Q3 EPS $3.25 Beats $2.44 Estimate, Sales $776.90M Beat $400.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
StoneX Group reported Q3 earnings of $3.25 per share, beating the analyst consensus estimate of $2.44 by 33.2%. This is a 37.13% increase from the same period last year. The company also reported quarterly sales of $776.90 million, beating the analyst consensus estimate of $400.26 million by 94.10%. This is a 46.92% increase from the same period last year.
August 04, 2023 | 12:19 pm
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POSITIVE IMPACT
StoneX Group's Q3 earnings and sales significantly beat analyst estimates, indicating strong financial performance.
StoneX Group reported significantly higher Q3 earnings and sales than analyst estimates, which indicates strong financial performance. This is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100