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Rush Enterprises' shares dropped 3.1% on Wednesday despite reporting Q1 earnings of $0.95/share, beating estimates, and $2.03B revenue surpassing expectations.
Shares of Rush Enterprises (RUSHA) dropped 3.1% during trading on Wednesday.
The company reported quarterly earnings data on Tuesday, with earnings per share of $0.95, beating analysts' estimates by $0.11.
Rush Enterprises' revenue for the quarter was $2.03 billion, also exceeding expectations.
The stock has a market cap of $3.83 billion and a price-to-earnings-growth ratio of 1.01.
Rush Enterprises announced a quarterly dividend of $0.17 per share, representing a 1.44% yield.
The company has raised its dividend annually for the last 5 years and has an expected future payout ratio of 21.8%.
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Las acciones de Rush Enterprises cayeron un 3,1% el miércoles a pesar de informar ganancias del primer trimestre de 0,95 dólares por acción, superando las estimaciones, y unos ingresos de 2.030 millones de dólares que superaron las expectativas.