Garrett Motion Q2 Sales $1.01B Beat $982.00M Estimate. GAAP EPS -$1.88
Portfolio Pulse from Benzinga Newsdesk
Garrett Motion (NASDAQ:GTX) reported Q2 sales of $1.01 billion, beating the analyst consensus estimate of $982.00 million by 2.95 percent. This represents a 17.69 percent increase over sales of $859.00 million in the same period last year.
July 27, 2023 | 11:08 am
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Garrett Motion's Q2 sales exceeded analyst expectations, indicating a strong financial performance.
Garrett Motion's Q2 sales surpassed the analyst consensus estimate by 2.95 percent, which is a positive signal for the company's financial performance. This could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100