UPDATE: Shift4 Payments Q2 Adj $0.74 Beats $0.51 Estimate, Sales $637.00M Beat $630.97M Estimate
Portfolio Pulse from Happy Mohamed
Shift4 Payments (NYSE:FOUR) reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.51 by 45.1%. This is a 124.24% increase from the same period last year. The company also reported quarterly sales of $637.00 million, beating the analyst consensus estimate of $630.97 million by 0.96%. This is a 25.72% increase from the same period last year.
August 04, 2023 | 1:35 pm
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POSITIVE IMPACT
Shift4 Payments reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Shift4 Payments reported Q2 earnings and sales that beat analyst estimates, which is typically a positive signal for the stock price. The significant YoY increase in both earnings and sales also indicates strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100