ADT Q2 2024 Adj. EPS $0.17, Inline, Sales $1.205B Miss $1.210B Estimate
Portfolio Pulse from Benzinga Newsdesk
ADT reported its Q2 2024 adjusted EPS of $0.17, which was in line with expectations. However, the company missed its sales estimate, reporting $1.205 billion compared to the expected $1.210 billion.
August 01, 2024 | 10:56 am
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ADT's Q2 2024 adjusted EPS met expectations at $0.17, but the company missed its sales estimate, reporting $1.205 billion compared to the expected $1.210 billion.
While ADT's earnings per share met expectations, the slight miss in sales could create a neutral to slightly negative sentiment among investors. The impact on the stock price is likely to be minimal in the short term.
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