Ashtead Group Non-GAAP EPS of $0.97, revenue of $2.75B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2024
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Source: SeekingAlpha
Earnings Report: Ashtead Group reported a Q1 Non-GAAP EPS of $0.97 and revenue of $2.75 billion, which represents a 2.2% year-over-year increase but fell short of expectations by $210 million.
Future Outlook: The company anticipates that its full-year results will align with previous expectations despite the revenue miss.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
