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

Rush Enterprises

25/10/2022 23:30

* Rush Enterprises Inc  RUSHA.OQ  reported quarterly
adjusted
earnings of $1.59​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of $1.47 per share.
    * Revenue rose 47.2% to $1.86 billion from a year ago;
analysts
expected $1.73 billion. 
    * Rush Enterprises Inc's reported EPS for the quarter was
$1.59​.
    * The mean earnings estimate of analysts had risen by
about 12.3%
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 11.7% this
quarter and
lost 12.0% so far this year.
    * The company reported quarterly net income of $90.38
million.
    * Wall Street's median 12-month price target for Rush
Enterprises
Inc is $59.50 
    * 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 October
25 at 10:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.47           1.59           Beat
 Jun. 30 2022      1.35           1.75           Beat
 Mar. 31 2022      1.02           1.43           Beat
 Dec. 31 2021      0.97           1.18           Beat