First Internet Q1 2024 Adj EPS $0.59 Beats $0.54 Estimate, Sales $29.081M Beat $22.387M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Internet (NASDAQ:INBK) reported Q1 2024 adjusted EPS of $0.59, surpassing the $0.54 estimate, and sales of $29.081M, exceeding the $22.387M estimate. This represents an 11.32% increase in earnings and a 16.23% increase in sales over the same period last year.
April 24, 2024 | 9:39 pm
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First Internet's Q1 2024 earnings and sales beat estimates, with adjusted EPS at $0.59 and sales of $29.081M, indicating strong financial performance.
The significant beat on both earnings and sales estimates for First Internet suggests a strong financial performance, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100