ODDITY Tech Q2 2024 Adj. EPS $0.82 Beats $0.68 Estimate, Sales $192.774M Beat $188.548M Estimate
Portfolio Pulse from Benzinga Newsdesk
ODDITY Tech (NASDAQ:ODD) reported Q2 2024 earnings of $0.82 per share, beating the analyst estimate of $0.68 by 20.59%. Sales were $192.774 million, surpassing the $188.548 million estimate and marking a 27.40% increase from the same period last year.
August 07, 2024 | 8:58 pm
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POSITIVE IMPACT
ODDITY Tech reported strong Q2 2024 earnings and sales, significantly beating analyst estimates. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
The company's earnings per share and sales both exceeded analyst expectations by significant margins. This strong financial performance is likely to positively impact the stock price as it indicates robust business growth and operational efficiency.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100