Integer Holdings Q2 2024 Adj EPS $1.30 Beats $1.25 Estimate, Sales $436.202M Miss $437.019M Estimate
Portfolio Pulse from Benzinga Newsdesk
Integer Holdings reported Q2 2024 adjusted EPS of $1.30, beating the estimate of $1.25. However, sales were $436.202 million, slightly missing the estimate of $437.019 million.
July 25, 2024 | 12:03 pm
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Integer Holdings reported better-than-expected Q2 2024 adjusted EPS of $1.30, surpassing the estimate of $1.25. However, sales came in slightly below expectations at $436.202 million versus the $437.019 million estimate.
The positive EPS surprise is likely to have a more significant impact on the stock price than the slight miss in sales. Investors often react more strongly to earnings beats, which can drive short-term price increases.
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