Bridge Investment Group Q1 2024 Adj EPS $0.17 Beats $0.16 Estimate
Portfolio Pulse from Benzinga Newsdesk
Bridge Investment Group (BRDG) reported Q1 2024 adjusted earnings per share (EPS) of $0.17, surpassing the analyst consensus estimate of $0.16 by 6.25%.
May 08, 2024 | 8:41 pm
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Bridge Investment Group reported a Q1 2024 EPS of $0.17, exceeding expectations by 6.25%.
Beating earnings estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. BRDG's better-than-expected earnings report is likely to boost investor confidence, potentially leading to a positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100