Criteo Q2 Adj EPS $0.46, Sales $267.09M Beat $263.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Criteo reported Q2 adjusted EPS of $0.46 and sales of $267.09 million, both beating estimates.
August 01, 2024 | 11:07 am
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Criteo reported Q2 adjusted EPS of $0.46, surpassing the estimate of $0.44. Sales also exceeded expectations, coming in at $267.09 million compared to the $263.44 million estimate.
Criteo's better-than-expected Q2 earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100