Ibotta Q1 2024 Adj EPS $0.54 Beats $0.34 Estimate
Portfolio Pulse from Benzinga Newsdesk
Ibotta (NYSE:IBTA) reported Q1 2024 adjusted earnings per share (EPS) of $0.54, significantly beating the analyst consensus estimate of $0.34 by 58.82%.
May 30, 2024 | 8:09 pm
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POSITIVE IMPACT
Ibotta reported Q1 2024 adjusted EPS of $0.54, beating the analyst estimate of $0.34 by 58.82%. This strong performance is likely to positively impact the stock price in the short term.
The significant beat on earnings per share indicates strong financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100