Willdan Group Q1 2024 Adj EPS $0.40 Beats $0.19 Estimate, Sales $68.930M Beat $62.925M Estimate
Portfolio Pulse from Benzinga Newsdesk
Willdan Group (NASDAQ:WLDN) reported Q1 2024 adjusted EPS of $0.40, surpassing the $0.19 estimate, and sales of $68.930M, exceeding the $62.925M estimate. This represents a 25% increase in EPS and an 11.73% increase in sales from the same period last year.
May 02, 2024 | 8:56 pm
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Willdan Group reported a significant beat on both EPS and sales estimates for Q1 2024, with a 25% increase in EPS and an 11.73% increase in sales year-over-year.
Beating both EPS and sales estimates significantly, especially by over 110% for EPS, indicates strong financial health and operational efficiency. This outperformance, coupled with year-over-year growth, is likely to positively influence investor sentiment and stock price in the short term.
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