Paysafe Q2 2024 Adj. EPS $0.59, Sales $439.924M Beat $424.285M Estimate
Portfolio Pulse from Benzinga Newsdesk
Paysafe (NYSE:PSFE) reported Q2 2024 earnings of $0.59 per share, significantly beating the analyst consensus estimate of $0.08. The company also reported sales of $439.924 million, surpassing the estimate of $424.285 million. Both earnings and sales showed year-over-year growth.
August 13, 2024 | 10:56 am
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Paysafe reported Q2 2024 earnings of $0.59 per share, beating the analyst estimate of $0.08 by 637.5%. Sales were $439.924 million, exceeding the estimate of $424.285 million. Both metrics showed significant year-over-year growth.
Paysafe's earnings and sales significantly exceeded analyst expectations, indicating strong financial performance. This positive surprise is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100