Mastech Digital Q2 2024 Adj. EPS $0.19 Beats $0.07 Estimate, Sales $49.534M Beat $48.099M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mastech Digital (AMEX:MHH) reported Q2 2024 adjusted EPS of $0.19, significantly beating the analyst estimate of $0.07. Sales were $49.534 million, also surpassing the $48.099 million estimate. Despite the earnings beat, sales were down 5.11% year-over-year.
August 07, 2024 | 11:03 am
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Mastech Digital reported Q2 2024 adjusted EPS of $0.19, beating the analyst estimate of $0.07 by 171.43%. Sales were $49.534 million, surpassing the $48.099 million estimate but down 5.11% year-over-year.
The significant earnings beat and sales surpassing estimates are positive indicators for Mastech Digital's stock price in the short term. However, the year-over-year sales decline may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100