Bentley Systems Q2 Adj EPS $0.24 Beats $0.19 Estimate, Sales $296.70M Beat $295.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bentley Systems (NASDAQ:BSY) reported Q2 adjusted earnings of $0.24 per share, beating the analyst consensus estimate of $0.19 by 26.32%. This is a 9.09% increase from the same period last year. The company also reported quarterly sales of $296.70 million, beating the analyst consensus estimate of $295.78 million by 0.31%. This is a 10.59% increase from the same period last year.
August 08, 2023 | 11:02 am
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POSITIVE IMPACT
Bentley Systems reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Bentley Systems reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100