inTest Q2 Adj EPS $0.28 Beats $0.27 Estimate, Sales $32.56M Beat $32.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
inTest reported Q2 earnings of $0.28 per share, beating the analyst consensus estimate of $0.27 by 3.7%. This is a 12% increase from the same period last year. The company also reported quarterly sales of $32.56 million, beating the estimate of $32.10 million by 1.43%, a 10.10% increase from last year.
August 04, 2023 | 3:01 pm
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POSITIVE IMPACT
inTest's Q2 earnings and sales beat estimates, indicating a positive financial performance. This could potentially lead to a short-term increase in the company's stock price.
inTest's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal to investors and can lead to an increase in stock price. The company's earnings per share increased by 12% YoY, and sales increased by 10.10% YoY, indicating strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100