Katapult Holdings Q1 EPS $0.23 Beats $(1.32) Estimate, Sales $65.06M Beat $62.44M Estimate
Portfolio Pulse from totan@benzinga.com
Katapult Holdings (NASDAQ:KPLT) reported strong Q1 earnings, with EPS of $0.23 beating the estimate of $(1.32) and sales of $65.06M surpassing the $62.44M estimate. This marks significant improvements over the same period last year.
May 15, 2024 | 10:06 am
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Katapult Holdings reported Q1 EPS of $0.23, significantly beating the estimate of $(1.32) and showing a 113.14% improvement over last year's losses. Sales also exceeded expectations, coming in at $65.06M versus the $62.44M estimate.
The significant beat on both EPS and sales estimates, along with substantial year-over-year improvements, is likely to positively impact KPLT's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100