The Hackett Group Q2 2024 Adj. EPS $0.39 Beats $0.37 Estimate, Sales $77.656M Beat $75.705M Estimate
Portfolio Pulse from Benzinga Newsdesk
The Hackett Group (NASDAQ:HCKT) reported Q2 2024 adjusted earnings per share (EPS) of $0.39, surpassing the analyst consensus estimate of $0.37 by 5.41%. The company also reported quarterly sales of $77.656 million, exceeding the analyst consensus estimate of $75.705 million by 2.58%. This represents a 0.72% increase over sales of $77.102 million in the same period last year.
August 06, 2024 | 8:24 pm
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The Hackett Group (NASDAQ:HCKT) reported better-than-expected Q2 2024 earnings and sales, with EPS of $0.39 beating the $0.37 estimate and sales of $77.656 million surpassing the $75.705 million estimate. This positive performance is likely to boost investor confidence and support a short-term increase in the stock price.
The Hackett Group's better-than-expected earnings and sales figures are likely to positively impact the stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100