* Rush Enterprises Inc reported quarterly adjusted earnings of 97 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 96 cents. The mean expectation of two analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 70 cents to 95 cents per share.
* Revenue fell 4.3% to $1.90 billion from a year ago; analysts expected $1.84 billion.
* Rush Enterprises Inc's reported EPS for the quarter was 97 cents.
* The company reported quarterly net income of $79.13 million.
* Rush Enterprises Inc shares had risen by 4.7% this quarter and gained 10.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 22.2% 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 61.50 This summary was machine generated from LSEG data October 30 at 02:51 a.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
Sep. 30 2024 0.83 0.97 Beat
Jun. 30 2024 0.77 0.97 Beat
Mar. 31 2024 0.77 0.88 Beat
Dec. 31 2023 0.85 0.95 Beat
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