Liquidity Services Q2 2024 Adj EPS $0.27 Beats $0.21 Estimate, Sales $91.453M Beat $79.200M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liquidity Services (LQDT) reported Q2 2024 adjusted EPS of $0.27, surpassing the $0.21 estimate, with sales of $91.453M exceeding the $79.200M forecast, marking a 12.28% year-over-year increase.
May 09, 2024 | 10:31 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Liquidity Services reported a strong Q2 2024 performance with both EPS and sales exceeding analyst estimates, indicating robust growth.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales increase, suggests operational efficiency and market strength. This performance is likely to instill investor confidence and could lead to a positive short-term price movement for LQDT.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100