iMedia Brands Q2 EPS $0.11 May Not Compare To $(0.70) Estimate, Sales $124.50M Beat $111.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
iMedia Brands reported a Q2 EPS of $0.11, which may not be directly comparable to the estimated $(0.70). However, the company's sales of $124.50M exceeded the expected $111.99M.
August 18, 2020 | 10:04 am
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iMedia Brands reported a Q2 EPS of $0.11, which may not be directly comparable to the $(0.70) estimate. The company's sales of $124.50M surpassed the expected $111.99M.
The positive sales performance, exceeding expectations, is likely to have a favorable impact on iMedia Brands' stock price. Although the EPS is not directly comparable, the sales beat is a strong indicator of the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100