Repay Hldgs Q2 2024 Adj. EPS $0.22, Inline, Sales $74.906M Miss $76.109M Estimate
Portfolio Pulse from Benzinga Newsdesk
Repay Holdings (NASDAQ:RPAY) reported Q2 2024 adjusted EPS of $0.22, meeting analyst expectations. However, the company missed sales estimates, reporting $74.906 million against the expected $76.109 million. Despite the miss, sales increased by 4.35% year-over-year.
August 08, 2024 | 8:22 pm
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Repay Holdings reported Q2 2024 adjusted EPS of $0.22, meeting analyst expectations. However, the company missed sales estimates, reporting $74.906 million against the expected $76.109 million. Despite the miss, sales increased by 4.35% year-over-year.
The EPS meeting expectations is a neutral factor, while the slight miss in sales estimates could be seen as a minor negative. However, the year-over-year sales growth of 4.35% is a positive indicator. Overall, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100