Pagaya Technologies Q2 2024 Adj. EPS $0.10 Beats $(0.01) Estimate, Sales $250.344M Beat $239.249M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pagaya Technologies reported Q2 2024 adjusted EPS of $0.10, significantly beating the estimate of $(0.01). The company also reported sales of $250.344 million, surpassing the expected $239.249 million.
August 09, 2024 | 11:17 am
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Pagaya Technologies reported strong Q2 2024 results with an adjusted EPS of $0.10, beating the $(0.01) estimate, and sales of $250.344 million, exceeding the $239.249 million estimate.
The significant beat on both EPS and sales estimates is likely to positively impact Pagaya Technologies' stock price in the short term. Investors typically react favorably to such strong earnings performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100