Univest Financial Q2 2024 Adj EPS $0.61 Beats $0.51 Estimate, Sales $72.007M Miss $72.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
Univest Financial (NASDAQ:UVSP) reported Q2 2024 adjusted EPS of $0.61, beating the analyst estimate of $0.51. However, sales of $72.007 million missed the $72.300 million estimate and were down 2.91% year-over-year.
July 24, 2024 | 8:34 pm
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Univest Financial's Q2 2024 EPS of $0.61 beat estimates by 19.61%, but sales of $72.007 million missed expectations and were down 2.91% year-over-year.
The significant EPS beat is likely to have a positive impact on the stock price in the short term, despite the slight miss in sales and the year-over-year decline.
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