Verisk Analytics Q2 2024 Adj. EPS $1.74 Beats $1.64 Estimate, Sales $717.000M Miss $722.401M Estimate
Portfolio Pulse from Benzinga Newsdesk
Verisk Analytics (NASDAQ:VRSK) reported Q2 2024 adjusted EPS of $1.74, beating the estimate of $1.64. However, sales of $717 million missed the $722.401 million estimate. Sales increased by 6.22% year-over-year.
July 31, 2024 | 11:16 am
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Verisk Analytics reported Q2 2024 adjusted EPS of $1.74, beating the estimate of $1.64. Sales of $717 million missed the $722.401 million estimate but increased by 6.22% year-over-year.
The beat on EPS is a positive indicator and may drive short-term stock price up. However, the slight miss on sales could temper the enthusiasm. Overall, the positive EPS beat is likely to have a stronger impact.
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