TTEC Holdings Q1 2024 Adj EPS $0.27 Misses $0.30 Estimate, Sales $576.638M Beat $564.413M Estimate
Portfolio Pulse from Benzinga Newsdesk
TTEC Holdings reported Q1 2024 adjusted EPS of $0.27, missing the $0.30 estimate, and sales of $576.638M, beating the $564.413M estimate. This represents a 65.38% decrease in earnings and an 8.95% decrease in sales from the same period last year.
May 08, 2024 | 10:03 pm
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NEGATIVE IMPACT
TTEC Holdings reported a significant decrease in earnings and a slight decrease in sales for Q1 2024, missing EPS estimates but beating sales forecasts.
The miss on the EPS estimate and the significant year-over-year decrease in earnings are likely to negatively impact investor sentiment towards TTEC in the short term. Although the sales beat estimates, the overall decrease in sales compared to last year may further contribute to negative perceptions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100