Q2 Holdings Q2 2024 Sales $172.890M Beat $170.933M Estimate
Portfolio Pulse from Benzinga Newsdesk
Q2 Holdings (NYSE:QTWO) reported Q2 2024 earnings of $0.38 per share, beating the analyst consensus estimate of $0.31 by 22.58%. The company also reported quarterly sales of $172.890 million, surpassing the $170.933 million estimate by 1.15%. This represents an 11.88% increase over the same period last year.
July 31, 2024 | 10:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Q2 Holdings reported strong Q2 2024 earnings and sales, beating analyst estimates. Earnings per share were $0.38, 22.58% above the consensus estimate of $0.31. Sales were $172.890 million, 1.15% higher than the $170.933 million estimate, and up 11.88% year-over-year.
Q2 Holdings' strong earnings and sales performance, beating both EPS and revenue estimates, is likely to positively impact the stock price in the short term. The significant beat on EPS and the year-over-year sales growth indicate robust business performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100