Atour Lifestyle Holdings Q2 EPS $0.32, Inline, Sales $247.28M Beat $229.04M Estimate
Portfolio Pulse from totan@benzinga.com
Atour Lifestyle Holdings reported Q2 earnings per share of $0.32, meeting analyst expectations, and sales of $247.28 million, surpassing estimates by 7.96%. This marks a significant year-over-year growth in both earnings and sales.

August 29, 2024 | 10:08 am
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Atour Lifestyle Holdings reported Q2 earnings per share of $0.32, in line with expectations, and sales of $247.28 million, exceeding estimates by 7.96%. This reflects a strong year-over-year growth in both earnings and sales.
The company's earnings per share met expectations, which is neutral, but the significant beat in sales estimates and strong year-over-year growth in both earnings and sales are positive indicators. This suggests a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100