Manhattan Associates Q2 2024 Adj EPS $1.18 Beats $0.96 Estimate, Sales $265.318M Beat $255.878M Estimate
Portfolio Pulse from Benzinga Newsdesk
Manhattan Associates (NASDAQ:MANH) reported Q2 2024 adjusted EPS of $1.18, beating the $0.96 estimate by 22.92%. Sales were $265.318M, surpassing the $255.878M estimate by 3.69%. This represents a 34.09% increase in EPS and a 14.85% increase in sales compared to the same period last year.
July 23, 2024 | 8:05 pm
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Manhattan Associates reported strong Q2 2024 earnings, with EPS of $1.18 beating estimates by 22.92% and sales of $265.318M surpassing expectations. This indicates robust financial performance and growth.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, suggests positive investor sentiment and potential short-term stock price appreciation.
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