IBEX Q2 2024 Adj EPS $0.44 Misses $0.50 Estimate, Sales $132.63M Miss $134.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
IBEX reported Q2 2024 adjusted EPS of $0.44, missing the $0.50 estimate, and sales of $132.63M, missing the $134.92M estimate. This represents a slight 0.18% increase in sales compared to the same period last year.

February 08, 2024 | 9:16 pm
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NEGATIVE IMPACT
IBEX missed Q2 2024 earnings and sales estimates, with a slight year-over-year sales increase.
Missing both earnings and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The slight increase in year-over-year sales may not be sufficient to offset the negative impact of the earnings miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100