Futu Holdings Q2 Adj EPADS $1.09 Beats $0.88 Estimate, Sales $317.10M Beat $279.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Futu Holdings (NASDAQ:FUTU) reported Q2 earnings of $1.09 per share, beating the analyst consensus estimate of $0.88 by 23.52%. This is a 78.2% increase from the same period last year. The company also reported quarterly sales of $317.10 million, beating the analyst consensus estimate of $279.61 million by 13.41%. This is a 42.45% increase from the same period last year.
August 24, 2023 | 8:08 am
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POSITIVE IMPACT
Futu Holdings reported strong Q2 earnings and sales, beating analyst estimates. This could lead to a positive short-term impact on the stock.
Futu Holdings reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This strong performance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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RELEVANCE 100