Criteo Q3 Adj EPS $0.71 Beats $0.61 Estimate, Sales $469.00M Beat $239.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Criteo (NASDAQ:CRTO) reported Q3 adjusted earnings of $0.71 per share, beating the analyst consensus estimate of $0.61 by 16.39%. This is a 33.96% increase from the same period last year. The company also reported quarterly sales of $469.00 million, beating the analyst consensus estimate of $239.57 million by 95.77%, a 119.80% increase from the same period last year.
November 02, 2023 | 11:09 am
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POSITIVE IMPACT
Criteo's Q3 earnings and sales significantly exceeded analyst estimates, indicating strong performance.
Criteo's Q3 earnings and sales beat analyst estimates by a significant margin. This indicates strong performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100