IDT Corp Earnings: Beat on EPS and Revenue

IDT Corp (IDT) delivered a solid earnings beat for the quarter ended June 3, 2026, reporting $0.94 EPS versus the $0.90 consensus estimate, representing a 4.57% positive surprise.

The telecommunications services company generated $315.71 million in revenue, surpassing analyst expectations of $311.08 million by 1.49%. This marked $4.63 million above the projected revenue figure.

IDT’s earnings per share of $0.94 exceeded estimates by $0.04, demonstrating the company’s ability to outperform Wall Street projections. The 4.57% EPS surprise indicates stronger-than-expected profitability during the reporting period.

Revenue performance showed modest growth with the $315.71 million figure beating the $311.08 million estimate. The 1.49% revenue surprise, while positive, was less pronounced than the earnings beat.

The dual beat on both earnings and revenue metrics suggests IDT maintained operational efficiency while generating slightly higher-than-anticipated top-line growth during the quarter.

This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.