Tyler Technologies Q3 2024 Adj EPS $2.52 Beats $2.43 Estimate, Sales $543.34M Miss $547.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tyler Technologies reported Q3 2024 earnings per share of $2.52, surpassing the analyst estimate of $2.43, marking a 17.76% increase from last year. However, sales were $543.34 million, slightly below the $547.35 million estimate, though up 9.84% from the previous year.
October 23, 2024 | 8:20 pm
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POSITIVE IMPACT
Tyler Technologies' Q3 2024 earnings per share exceeded expectations, but sales slightly missed estimates. The EPS beat may positively influence the stock, while the sales miss could temper enthusiasm.
The EPS beat is a positive indicator and may lead to a short-term stock price increase. However, the sales miss, although minor, could moderate the positive impact. Overall, the earnings report is more positive than negative.
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