ING Groep Q2 EPS $1.14 Beats $0.55 Estimate, Sales $6.28B Beat $6.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
ING Groep reported Q2 earnings of $1.14 per share, beating the analyst consensus estimate of $0.55 by 107.27%. This is a 245.45% increase over earnings of $0.33 per share from the same period last year. The company also reported quarterly sales of $6.28 billion, beating the analyst consensus estimate of $6.19 billion by 1.41%. This is a 25.79% increase over sales of $4.99 billion the same period last year.
August 04, 2023 | 12:36 pm
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POSITIVE IMPACT
ING Groep's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
ING Groep's Q2 earnings and sales beat analyst estimates, which is a positive signal for the company's financial performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100