StoneX Group Q2 2024 Adj EPS $1.63 Beats $1.56 Estimate, Sales $818.200M Beat $402.682M Estimate
Portfolio Pulse from Benzinga Newsdesk
StoneX Group Inc. (SNEX) reported Q2 2024 adjusted earnings per share (EPS) of $1.63, surpassing the consensus estimate of $1.56 by 4.49%. Quarterly sales reached $818.2 million, exceeding expectations of $402.682 million by 103.19% and marking a 16.16% increase from the previous year's $704.4 million.
May 08, 2024 | 8:20 pm
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StoneX Group Inc. (SNEX) reported a significant beat on both EPS and sales estimates for Q2 2024, with EPS at $1.63 against a $1.56 estimate and sales of $818.2M against a $402.682M estimate.
StoneX Group's substantial beat on both earnings and sales estimates for Q2 2024 indicates strong financial health and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100