J.Jill Q2 2024 Adj. EPS $1.05 Beats $0.91 Estimate, Sales $155.242M Beat $154.233M Estimate
Portfolio Pulse from Benzinga Newsdesk
J.Jill reported Q2 2024 earnings per share of $1.05, surpassing the analyst estimate of $0.91, despite a year-over-year decrease. Sales also exceeded expectations at $155.242 million, though they were slightly down from the previous year.
September 04, 2024 | 10:47 am
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J.Jill's Q2 2024 earnings per share of $1.05 exceeded expectations, beating the $0.91 estimate. Sales also surpassed forecasts at $155.242 million. However, both EPS and sales showed a slight decline compared to the previous year.
J.Jill's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year decline in both metrics may temper investor enthusiasm. Overall, the earnings beat is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100