Regional Mgmt Q2 2024 GAAP EPS $0.86 Beats $0.68 Estimate, Sales $143.025M Beat $138.644M Estimate
Portfolio Pulse from Benzinga Newsdesk
Regional Management (NYSE:RM) reported Q2 2024 earnings per share (EPS) of $0.86, surpassing the analyst estimate of $0.68 by 26.47%. The company also reported sales of $143.025 million, exceeding the estimate of $138.644 million by 3.16%, and marking a 7.15% increase from the same period last year.
July 31, 2024 | 8:43 pm
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Regional Management (NYSE:RM) reported strong Q2 2024 results, with EPS of $0.86 beating estimates by 26.47% and sales of $143.025 million exceeding expectations by 3.16%. Sales also increased by 7.15% year-over-year.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, is likely to positively impact RM's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100