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

Rush Enterprises

26/07/2022 23:50

* Rush Enterprises Inc  RUSHA.OQ  reported quarterly
adjusted
earnings of $1.75​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was
for earnings of $1.35 per share.
    * Revenue rose 36.1% to $1.79 billion from a year ago;
analysts
expected $1.58 billion. 
    * Rush Enterprises Inc's reported EPS for the quarter was
$1.92​.
    * The mean earnings estimate of analysts had risen by
about 21.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Rush Enterprises Inc shares had risen by 4.1% this
quarter and
lost 9.8% so far this year.
    * The company reported quarterly net income of $110.23
million.
    * Wall Street's median 12-month price target for Rush
Enterprises
Inc is $57.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 26
at 10:50 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.35           1.75           Beat
 Mar. 31 2022      1.02           1.43           Beat
 Dec. 31 2021      0.97           1.18           Beat
 Sep. 30 2021      0.96           1.20           Beat