IBEX Q3 2024 Adj EPS $0.70 Beats $0.52 Estimate, Sales $126.795M Miss $126.950M Estimate
Portfolio Pulse from Benzinga Newsdesk
IBEX reported Q3 2024 adjusted EPS of $0.70, surpassing the $0.52 estimate, marking a 14.75% increase from the previous year. However, their sales of $126.795M slightly missed the $126.950M estimate, representing a 3.65% decrease from the previous year.
May 09, 2024 | 8:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
IBEX's Q3 2024 earnings beat estimates with an EPS of $0.70, but sales slightly missed expectations.
The positive earnings surprise, with a 34.62% beat on the EPS estimate, is likely to be viewed favorably by investors, potentially leading to a short-term uptick in IBEX's stock price. However, the slight miss on sales estimates could temper some of the positive momentum. The net effect is expected to be positive due to the significant earnings beat.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100