Ameris Q2 2024 Adj EPS $1.17 Beats $1.14 Estimate, Sales $300.632M Beat $272.813M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ameris (NASDAQ:ABCB) reported Q2 2024 adjusted EPS of $1.17, beating the estimate of $1.14. Sales were $300.632M, surpassing the $272.813M estimate and showing an 8.57% increase from the same period last year.
July 25, 2024 | 8:44 pm
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Ameris reported better-than-expected Q2 2024 earnings and sales, with EPS of $1.17 beating the $1.14 estimate and sales of $300.632M surpassing the $272.813M estimate. Sales increased by 8.57% YoY.
The better-than-expected earnings and sales figures are likely to positively impact Ameris' stock price in the short term. The significant beat on both EPS and sales, along with a notable year-over-year sales increase, indicates strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100