PowerSchool Holdings Q2 2024 Adj. EPS $0.23 Misses $0.24 Estimate, Sales $191.592M Miss $195.199M Estimate
Portfolio Pulse from Benzinga Newsdesk
PowerSchool Holdings (NYSE:PWSC) reported Q2 2024 adjusted EPS of $0.23, missing the analyst estimate of $0.24. Sales were $191.592M, also missing the $195.199M estimate. Despite the misses, sales increased by 10.18% year-over-year.
August 09, 2024 | 8:17 pm
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PowerSchool Holdings reported Q2 2024 adjusted EPS of $0.23, missing the analyst estimate of $0.24. Sales were $191.592M, also missing the $195.199M estimate. Despite the misses, sales increased by 10.18% year-over-year.
The company's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales growth of 10.18% may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100