Piper Sandler Q2 2024 Adj. EPS $2.52 Beats $2.25 Estimate, Sales $339.179M Beat $338.790M Estimate
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler (NYSE:PIPR) reported Q2 2024 adjusted EPS of $2.52, beating the $2.25 estimate by 12%. Sales were $339.179M, slightly above the $338.790M estimate. This represents a significant year-over-year increase in both earnings and sales.
August 02, 2024 | 11:05 am
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Piper Sandler reported strong Q2 2024 earnings, with EPS of $2.52 beating estimates by 12% and sales of $339.179M slightly above expectations. This marks a significant year-over-year increase in both earnings and sales.
The strong earnings report, with both EPS and sales beating estimates, indicates robust financial performance. The significant year-over-year growth in both metrics is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100