Rush Enterprises Q3 EPS $0.96 Beats $0.90 Estimate, Sales $1.98B Beat $1.96B Estimate
Portfolio Pulse from Happy Mohamed
Rush Enterprises reported Q3 earnings of $0.96 per share, beating the analyst consensus estimate of $0.90 by 6.67%. This is a 9.43% decrease from last year's earnings. The company also reported quarterly sales of $1.98 billion, beating the estimate of $1.96 billion by 1.07%. This is a 6.28% increase from last year's sales.
October 24, 2023 | 8:55 pm
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POSITIVE IMPACT
Rush Enterprises reported better than expected Q3 earnings and sales, but earnings are down from last year.
Rush Enterprises beat Q3 earnings and sales estimates, which is positive for the stock. However, the decrease in earnings from last year could be a concern for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100