Atour Lifestyle Holdings Q1 Adj $0.26 Beats $0.23 Estimate, Sales $203.36M Beat $192.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Atour Lifestyle Holdings (NASDAQ:ATAT) reported strong Q1 earnings, with adjusted EPS of $0.26 beating estimates by 13.04% and sales of $203.36M surpassing expectations by 5.51%. Both earnings and sales showed significant year-over-year growth.
May 23, 2024 | 10:20 am
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Atour Lifestyle Holdings reported Q1 adjusted EPS of $0.26, beating the $0.23 estimate by 13.04%. Sales were $203.36M, surpassing the $192.74M estimate by 5.51%. Both metrics showed significant year-over-year growth.
The company's strong performance in Q1, with both earnings and sales significantly beating estimates and showing substantial year-over-year growth, is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100