Rush Enterprises Inc reports results for the quarter ended in December - Earnings Summary

Rush Enterprises

13/02/2024 23:28

* Rush Enterprises Inc  RUSHA.OQ  reported quarterly
adjusted
earnings of 95 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of $1.16.  The mean expectation of
two analysts for the quarter was for earnings of 85 cents per
share. Wall Street expected results to range from 84 cents to 86
cents per share.
    * Revenue rose 7.8% to $2.03 billion from a year ago;
analysts
expected $1.88 billion. 
    * Rush Enterprises Inc's reported EPS for the quarter was 95
cents​.
    * The company reported quarterly net income of $78.05
million.
    * Rush Enterprises Inc shares had fallen by 5.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto
vehicles,
parts & service retailers peer group is also "strong buy"

Wall Street's median 12-month price target for Rush Enterprises
Inc is $57.50 
This summary was machine generated from LSEG data February 13 at
11:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.85           0.95           Beat
 Sep. 30 2023      0.91           0.96           Beat
 Jun. 30 2023      0.99           1.17           Beat
 Mar. 31 2023      0.92           1.07           Beat