EVgo Q2 2024 GAAP EPS $(0.10), Inline, Sales $66.619M Beat $59.369M Estimate
Portfolio Pulse from Benzinga Newsdesk
EVgo (NASDAQ:EVGO) reported Q2 2024 GAAP EPS of $(0.10), in line with analyst estimates, and sales of $66.619 million, beating the $59.369 million estimate. This represents a 31.78% increase in sales year-over-year.
August 01, 2024 | 11:02 am
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EVgo reported Q2 2024 GAAP EPS of $(0.10), in line with analyst estimates, and sales of $66.619 million, beating the $59.369 million estimate. This represents a 31.78% increase in sales year-over-year.
EVgo's earnings per share met expectations, but the significant beat on sales and strong year-over-year growth in revenue are positive indicators. This could lead to a short-term increase in the stock price as investors react to the better-than-expected sales performance.
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