EverCommerce Q2 2024 GAAP EPS $(0.20) Misses $0.00 Estimate, Sales $177.400M Beat $171.801M Estimate
Portfolio Pulse from Benzinga Newsdesk
EverCommerce (NASDAQ:EVCM) reported a Q2 2024 GAAP EPS of $(0.20), missing the analyst estimate of $0.00. However, the company reported sales of $177.4 million, beating the estimate of $171.801 million and showing a 4.32% increase from the same period last year.
August 06, 2024 | 8:08 pm
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EverCommerce reported a Q2 2024 GAAP EPS of $(0.20), missing the analyst estimate of $0.00. However, the company reported sales of $177.4 million, beating the estimate of $171.801 million and showing a 4.32% increase from the same period last year.
The mixed earnings report, with a significant EPS miss but a sales beat and year-over-year growth, is likely to create uncertainty among investors. The stock may experience volatility as the market digests the contrasting signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100