Dave Q2 Adj $0.47 Beats $(0.18) Estimate, Sales $80.10M Beat $75.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dave (NASDAQ:DAVE) reported strong Q2 earnings, with an adjusted EPS of $0.47, significantly beating the analyst estimate of $(0.18). Sales also surpassed expectations, reaching $80.10 million compared to the $75.50 million estimate. This marks a substantial improvement from the same period last year.
August 05, 2024 | 8:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dave reported Q2 earnings of $0.47 per share, beating the analyst estimate of $(0.18) by 361.11%. Sales also exceeded expectations, reaching $80.10 million. This represents a significant improvement from the same period last year.
The significant beat on both EPS and sales estimates, along with substantial year-over-year improvements, is likely to positively impact Dave's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100