02:12 PM EDT, 08/08/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph)

SharkNinja ( SN ) shares jumped 15% in recent Thursday trading after the company's Q2 earnings beat estimates.

Adjusted earnings in the quarter ended June 30 rose to $0.71 per diluted share from 0.47 a year earlier, the company said Thursday.

Analysts polled by Capital IQ expected $0.62.

Net sales climbed to $1.25 billion from $950.3 million a year earlier.

Analysts polled by Capital IQ expected $1.09 billion.

The company boosted 2024 adjusted diluted EPS guidance to $4.05 to $4.21 from $3.66 to $3.82. Analysts polled by Capital IQ expect $3.86.

The forecast for 2024 sales growth increased to 20% to 22% from 10% to 12%.

Price: 84.20, Change: +11.21, Percent Change: +15.36