Rush Enterprises Inc expected to post earnings of $1.35 a share - Earnings Preview

Rush Enterprises

15/07/2022 13:02

* Rush Enterprises Inc  RUSHA.OQ   RUSHA.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 26. 
    * The New Braunfels Texas-based  company is expected to
report  a
20.3% increase in revenue to $1.583 billion from $1.32 billion a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rush Enterprises
Inc is
for earnings of $1.35 per share. For the same quarter last year,
the company reported earnings of $1.00 per share.
    * 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."  
    * 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 $64​, above​ its last closing price of $48.12. ​​​
    * 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 2022  1.04        1.02       1.43      Beat    39.7
 Dec. 31 2022  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
 ​​Mar.        0.53        0.51       0.79      Beat    54.9
 31 2021                                                
 Dec. 31 2020  0.54        0.54       0.72      Beat    33​
 Sep. 30 2020  0.34        0.34       0.60      Beat    76.9
 Jun. 30 2020  -0.04       -0.04      0.31      Beat    860.3
 This summary was machine generated July 15 at 12:02 GMT.  All
figures in US dollars  unless otherwise stated