Trecora Resources Q2 EPS $(0.07) Misses $(0.06) Estimate, Sales $40.67M Miss $49.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trecora Resources reported a Q2 EPS of $(0.07), missing the $(0.06) estimate, and sales of $40.67M, missing the $49.10M estimate.
August 04, 2020 | 9:02 pm
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Trecora Resources reported disappointing Q2 results with both EPS and sales missing estimates. This could negatively impact the stock price in the short term.
The company's Q2 EPS of $(0.07) was below the expected $(0.06), and sales of $40.67M were significantly below the $49.10M estimate. Such earnings misses typically result in negative investor sentiment and potential short-term stock price declines.
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