Gear Energy Q2 EPS $0.02 Misses $0.03 Estimate, Sales $36.11M Miss $38.60M Estimate
Portfolio Pulse from totan@benzinga.com
Gear Energy reported Q2 earnings of $0.02 per share, missing the analyst consensus estimate of $0.03 by 33.33%. This is a 77.78% decrease from the same period last year. The company also reported quarterly sales of $36.11 million, missing the analyst consensus estimate of $38.60 million by 6.46%. This is a 37.35% decrease from the same period last year.
July 26, 2023 | 10:10 pm
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Gear Energy's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Gear Energy's Q2 earnings and sales both missed estimates and showed a significant decrease from the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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