Dynex Cap Q2 EPS $(0.27) May Not Be comparable To $0.03 Estimate, Sales $(2.93M) May Not Be comparable To $6.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynex Cap (NYSE:DX) reported Q2 losses of $0.27 per share, missing the analyst consensus estimate of $0.03 by 1000 percent. This is a 167.5 percent decrease over earnings of $0.40 per share from the same period last year. The company also reported quarterly sales of $2.93 million, missing the analyst consensus estimate of $6.39 million by 145.85 percent, a 120.82 percent decrease over sales of $14.07 million the same period last year.
July 24, 2023 | 12:05 pm
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NEGATIVE IMPACT
Dynex Cap's Q2 results significantly missed estimates, indicating a potential negative impact on its stock price.
Dynex Cap's Q2 earnings and sales significantly missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100