Ichor Hldgs Q2 2024 Adj. EPS $0.05 Beats $0.03 Estimate, Sales $203.227M Beat $197.571M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ichor Holdings (NASDAQ: ICHR) reported Q2 2024 adjusted EPS of $0.05, beating the $0.03 estimate by 66.67%. Sales were $203.227M, surpassing the $197.571M estimate by 2.86%. This marks a 150% increase in EPS and a 9.85% rise in sales compared to the same period last year.
August 06, 2024 | 8:33 pm
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Ichor Holdings (NASDAQ: ICHR) reported Q2 2024 adjusted EPS of $0.05, beating the $0.03 estimate by 66.67%. Sales were $203.227M, surpassing the $197.571M estimate by 2.86%. This marks a 150% increase in EPS and a 9.85% rise in sales compared to the same period last year.
Ichor Holdings' strong Q2 2024 earnings and sales performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The substantial year-over-year growth in both EPS and sales further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100