Everest Group Q1 2024 Adj EPS $16.87 Beats $16.01 Estimate, Sales $4.13B Beat $3.92B Estimate
Portfolio Pulse from Benzinga Newsdesk
Everest Group (NYSE:EG) reported Q1 2024 adjusted EPS of $16.87, surpassing the $16.01 estimate, with sales of $4.13B also beating the $3.92B estimate. This represents a 33.32% increase in sales compared to the same period last year.
April 29, 2024 | 8:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Everest Group reported a significant beat on both EPS and sales estimates for Q1 2024, with a notable year-over-year sales growth.
Beating both EPS and sales estimates significantly, especially with a substantial year-over-year sales increase, typically leads to positive investor sentiment and could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100