Everest Group Q2 Adj $16.85 Beats $16.59 Estimate, Sales $3.69B Miss $4.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
Everest Group (NYSE:EG) reported Q2 earnings of $16.85 per share, beating the estimate of $16.59. However, sales of $3.69 billion missed the $4.02 billion estimate.
July 31, 2024 | 8:19 pm
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Everest Group reported Q2 earnings of $16.85 per share, beating the estimate of $16.59. However, sales of $3.69 billion missed the $4.02 billion estimate.
While Everest Group's earnings per share beat expectations, the miss on sales could create mixed reactions in the market. Investors may be concerned about the revenue shortfall despite the positive earnings.
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