BrightSphere Investment Q1 2024 Adj EPS $0.44 Beats $0.35 Estimate, Sales $105.300M Beat $98.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
BrightSphere Investment (NYSE:BSIG) reported Q1 2024 adjusted EPS of $0.44, surpassing the $0.35 estimate, and sales of $105.3M, exceeding the $98.4M estimate. This represents a 57.14% increase in EPS and a 15.59% increase in sales year-over-year.
May 02, 2024 | 11:44 am
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POSITIVE IMPACT
BrightSphere Investment reported a significant beat on both EPS and sales estimates for Q1 2024, with a notable year-over-year growth.
The substantial beat on both earnings per share and sales estimates, coupled with the impressive year-over-year growth, is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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