Rush Street Interactive Q1 Adj $0.03 Beats $(0.02) Estimate, Sales $217.43M Beat $196.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rush Street Interactive (NYSE:RSI) reported Q1 earnings of $0.03 per share, surpassing the $(0.02) estimate, marking a 250% beat and a 137.5% increase from last year's $(0.08) per share loss. Sales reached $217.43M, exceeding the $196.88M estimate by 10.44% and showing a 33.92% increase from last year's $162.36M.
May 01, 2024 | 9:09 pm
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Rush Street Interactive reported a significant beat on both earnings and sales estimates for Q1, with earnings of $0.03 per share against an expected $(0.02) and sales of $217.43M against a forecast of $196.88M.
The substantial beat on both earnings per share and sales estimates for Q1 indicates a strong financial performance by Rush Street Interactive, likely leading to positive investor sentiment and potential short-term stock price appreciation.
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IMPORTANCE 90
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