UMB Financial Q2 2024 Adj. EPS $2.16 Beats $2.01 Estimate, Sales $390.027M Beat $384.937M Estimate
Portfolio Pulse from Benzinga Newsdesk
UMB Financial (NASDAQ:UMBF) reported Q2 2024 adjusted EPS of $2.16, beating the estimate of $2.01. Sales were $390.027M, surpassing the $384.937M estimate and showing a 7.24% increase from last year.
July 30, 2024 | 8:24 pm
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UMB Financial reported strong Q2 2024 results with EPS and sales beating estimates. EPS was $2.16, 7.46% above the $2.01 estimate, and sales were $390.027M, 1.32% above the $384.937M estimate, and up 7.24% YoY.
The strong earnings and sales performance, beating analyst estimates, is likely to positively impact UMBF's stock price in the short term. The YoY sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100