Bridge Investment Group Q2 2024 Adj. EPS $0.19 Beats $0.18 Estimate, Sales $104.760M Beat $87.950M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bridge Investment Group (NYSE:BRDG) reported Q2 2024 earnings of $0.19 per share, beating the analyst estimate of $0.18. Sales were $104.760 million, surpassing the $87.950 million estimate. Despite a 5% decrease in EPS from last year, sales increased by 6.03%.
August 06, 2024 | 9:19 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bridge Investment Group (NYSE:BRDG) reported Q2 2024 earnings of $0.19 per share, beating the analyst estimate of $0.18. Sales were $104.760 million, surpassing the $87.950 million estimate. Despite a 5% decrease in EPS from last year, sales increased by 6.03%.
The earnings and sales figures both exceeded analyst expectations, which is generally positive for the stock price. However, the slight year-over-year decrease in EPS may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100