Rush Street Interactive Q2 Adj EPS $(0.04) Beats $(0.07) Estimate, Sales $165.06M Beat $158.97M Estimate
Portfolio Pulse from vinayak@benzinga.com
Rush Street Interactive (NYSE:RSI) reported Q2 adjusted EPS of $(0.04), beating the estimate of $(0.07) by 42.86%. This is a 63.64% increase over losses from the same period last year. The company also reported quarterly sales of $165.06M, beating the estimate of $158.97M by 3.83%, a 14.84% increase from last year.
August 04, 2023 | 12:20 pm
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POSITIVE IMPACT
Rush Street Interactive's Q2 results exceeded estimates, with a significant increase in EPS and sales compared to last year. This could potentially boost investor confidence.
Rush Street Interactive's better-than-expected Q2 results, with a significant increase in EPS and sales compared to last year, could potentially boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100