GoDaddy Q3 EPS $1.32 Beats $1.23 Estimate, Sales $1.15B Beat $1.14B Estimate
Portfolio Pulse from Benzinga Newsdesk
GoDaddy reported Q3 earnings of $1.32 per share, surpassing the $1.23 estimate, and sales of $1.15 billion, exceeding the $1.14 billion estimate. This marks a significant year-over-year growth in both earnings and sales.
October 30, 2024 | 8:07 pm
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GoDaddy's Q3 earnings per share of $1.32 beat the consensus estimate of $1.23, marking a 48.31% increase from last year. Sales also exceeded expectations at $1.15 billion, a 7.48% increase from the previous year.
GoDaddy's earnings and sales both exceeded analyst expectations, which is likely to positively impact the stock price in the short term. The significant year-over-year growth in both metrics further supports a positive outlook.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100