Repay Hldgs Q4 2023 Adj EPS $0.270 Beats $0.210 Estimate, Sales $75.987M Beat $70.428M Estimate
Portfolio Pulse from Benzinga Newsdesk
Repay Holdings (RPAY) reported Q4 2023 adjusted EPS of $0.270, surpassing the $0.210 estimate, and sales of $75.987M, exceeding the $70.428M estimate. This represents a 17.39% increase in EPS and a 4.56% increase in sales from the same period last year.
February 29, 2024 | 9:21 pm
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POSITIVE IMPACT
Repay Holdings reported a strong Q4 2023 with adjusted EPS of $0.270, beating estimates by 28.57%, and sales of $75.987M, exceeding estimates by 7.89%. Year-over-year, EPS grew by 17.39% and sales by 4.56%.
The significant beat on both EPS and sales estimates for Q4 2023 indicates strong financial performance and operational efficiency. The year-over-year growth in EPS and sales further demonstrates the company's ability to grow its business and profitability. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in RPAY's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100