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TaskUs (TASK) Q2 Earnings Meet Estimates
TASKTaskUs(TASK) ZACKS·2024-08-08 23:26

Group 1 - TaskUs reported quarterly earnings of 0.31pershare,matchingtheZacksConsensusEstimate,comparedto0.31 per share, matching the Zacks Consensus Estimate, compared to 0.32 per share a year ago [1] - The company posted revenues of 237.93millionforthequarterendedJune2024,exceedingtheZacksConsensusEstimateby2.93237.93 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 2.93%, and up from 229.17 million year-over-year [2] - TaskUs shares have increased approximately 15.5% since the beginning of the year, outperforming the S&P 500's gain of 9% [3] Group 2 - The earnings outlook for TaskUs is mixed, with the current consensus EPS estimate for the coming quarter at 0.33onrevenuesof0.33 on revenues of 234.89 million, and 1.26onrevenuesof1.26 on revenues of 937.85 million for the current fiscal year [7] - The Computers - IT Services industry, to which TaskUs belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]