Dnow Q2 2024 Adj. EPS $0.25 Beats $0.24 Estimate, Sales $633.000M Beat $632.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dnow (NYSE:DNOW) reported Q2 2024 adjusted EPS of $0.25, beating the estimate of $0.24. Sales were $633 million, slightly above the $632.5 million estimate and up 6.57% from the same period last year.
August 07, 2024 | 10:47 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dnow reported Q2 2024 adjusted EPS of $0.25, beating the estimate of $0.24. Sales were $633 million, slightly above the $632.5 million estimate and up 6.57% from the same period last year.
Dnow's Q2 2024 earnings and sales both exceeded analyst estimates, indicating strong performance. The positive earnings surprise and year-over-year sales growth are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100