Rush Enterprises Inc expected to post earnings of $1.48 a share - Earnings Preview

Rush Enterprises

21/07/2023 23:12

* Rush Enterprises Inc  RUSHA.OQ   RUSHA.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 25. 
    * The New Braunfels Texas-based  company is expected to
report  a
6.6% increase in revenue to $1.909 billion from $1.79 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rush Enterprises
Inc is
for earnings of $1.48 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rush
Enterprises
Inc is $72​, above​ its last closing price of $62.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.41        1.38       1.60      Beat    16.3
 Dec. 31 2023  1.50        1.49       1.74      Beat    16.9
 Sep. 30 2022  1.58        1.47       1.59      Beat    8.3​
 Jun. 30 2022  1.38        1.35       1.75      Beat    29.5
 ​​Mar.        1.04        1.02       1.43      Beat    39.7
 31 2022                                                
 Dec. 31 2021  0.98        0.97       1.18      Beat    22.2​
 Sep. 30 2021  1.01        0.96       1.20      Beat    24.7
 Jun. 30 2021  0.82        0.82       1.00      Beat    22.2
 This summary was machine generated July 21 at 22:12 GMT.  All
figures in US dollars  unless otherwise stated