Criteo Q4 EPS $1.52 Beats $1.23 Estimate, Contribution ex-TAC $316.38M Beat $299.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
Criteo reported its Q4 earnings with an EPS of $1.52, surpassing the estimated $1.23. Additionally, its Contribution ex-TAC reached $316.38M, beating the $299.99M estimate.
February 07, 2024 | 12:03 pm
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Criteo's Q4 earnings exceeded expectations with an EPS of $1.52 against the $1.23 estimate and Contribution ex-TAC of $316.38M, outperforming the $299.99M forecast.
Criteo's better-than-expected Q4 earnings report, particularly the higher EPS and Contribution ex-TAC, indicates strong financial health and operational efficiency. This positive surprise is likely to instill investor confidence and could lead to a short-term uptick in CRTO's stock price, as it surpasses analyst expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100