Axon Enterprise Q1 2024 Adj EPS $1.15 Beats $0.94 Estimate, Sales $460.736M Beat $441.566M Estimate
Portfolio Pulse from Benzinga Newsdesk
Axon Enterprise reported Q1 2024 adjusted EPS of $1.15, surpassing the $0.94 estimate, with sales of $460.736M exceeding the $441.566M forecast. This represents a 34.31% increase in sales compared to the same period last year.
May 06, 2024 | 8:02 pm
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POSITIVE IMPACT
Axon Enterprise exceeded Q1 2024 earnings and sales estimates, with a significant year-over-year sales growth.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, typically leads to positive investor sentiment and could boost the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100