ZipRecruiter Q2 2024 GAAP EPS $0.07 Beats $(0.07) Estimate, Sales $123.658M Beat $117.715M Estimate
Portfolio Pulse from Benzinga Newsdesk
ZipRecruiter (NYSE:ZIP) reported Q2 2024 GAAP EPS of $0.07, beating the $(0.07) estimate by 200%. Sales were $123.658M, surpassing the $117.715M estimate by 5.05%, but down 27.44% from $170.421M last year.
August 07, 2024 | 9:11 pm
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ZipRecruiter reported Q2 2024 GAAP EPS of $0.07, beating the $(0.07) estimate by 200%. Sales were $123.658M, surpassing the $117.715M estimate by 5.05%, but down 27.44% from $170.421M last year.
The significant beat on both EPS and sales estimates is likely to positively impact ZipRecruiter's stock price in the short term. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100