Cricut Q2 2024 Adj EPS $0.07 Beats $0.05 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cricut (NASDAQ:CRCT) reported Q2 2024 adjusted earnings per share (EPS) of $0.07, surpassing the analyst consensus estimate of $0.05 by 40%.

August 06, 2024 | 9:09 pm
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Cricut reported Q2 2024 adjusted EPS of $0.07, beating the analyst estimate of $0.05 by 40%.
Cricut's better-than-expected earnings per share (EPS) for Q2 2024 is likely to positively impact its stock price in the short term. Beating the consensus estimate by 40% indicates strong financial performance, which typically boosts investor confidence and can lead to a rise in stock price.
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