ePlus Q1 Adj $1.41 Beats $0.99 Estimate, Sales $574.17M Beat $487.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
ePlus (NASDAQ:PLUS) reported Q1 earnings of $1.41 per share, beating the analyst consensus estimate of $0.99 by 42.42%. This is a 42.42% increase from the same period last year. The company also reported quarterly sales of $574.17 million, beating the analyst consensus estimate of $487.55 million by 17.77%. This is a 25.27% increase from the same period last year.
August 07, 2023 | 8:08 pm
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ePlus reported strong Q1 earnings and sales, both beating analyst estimates. This could lead to a positive short-term impact on the stock.
ePlus reported Q1 earnings of $1.41 per share, beating the analyst consensus estimate of $0.99. This is a significant increase from the same period last year. Additionally, the company reported quarterly sales of $574.17 million, also beating estimates. This strong financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100