Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Conn's Stock Rocked 8% Higher Today

TheMotleyFool

0 0

Shares of Conn's (NASDAQ: CONN) stock popped 8.4% as of 10:15 a.m. EDT Wednesday after the furniture, appliances, and electronics retailer reported estimate-crushing earnings for its fiscal second quarter of 2022.

Analysts had forecast that Conn's would earn a (pro forma) profit of $0.71 per share this past quarter, on sales of $396.7 million, but the company actually reported a profit according to generally accepted accounting principles (GAAP) of $1.22 per share on sales of $418.4 million.

Image source: Getty Images.

Source Fool.com

Like: 0

CONN

Share