Guidewire Software Q3 2024 Adj EPS $0.26 Beats $0.13 Estimate, Sales $240.700M Beat $231.271M Estimate
Portfolio Pulse from Benzinga Newsdesk
Guidewire Software (NYSE:GWRE) reported Q3 2024 adjusted EPS of $0.26, beating the $0.13 estimate. Sales were $240.7M, surpassing the $231.271M estimate and marking a 16.01% increase from last year.
June 04, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Guidewire Software reported strong Q3 2024 results, with EPS of $0.26 beating estimates by 100% and sales of $240.7M exceeding expectations by 4.08%. This also represents a 16.01% YoY increase in sales.
The significant beat on both EPS and sales, along with a notable year-over-year increase in sales, is likely to positively impact GWRE's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100