Expro Group Holdings shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results and reaffirmed FY23 guidance.
Portfolio Pulse from Bill Haddad
Expro Group Holdings reported worse-than-expected Q2 adjusted EPS results and reaffirmed its FY23 guidance. This has led to a decrease in the company's share price.
July 27, 2023 | 5:17 pm
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NEGATIVE IMPACT
Expro Group's Q2 results were below expectations, causing a drop in share price. However, the company has reaffirmed its FY23 guidance.
Expro Group's worse-than-expected Q2 results have negatively impacted investor sentiment, leading to a decrease in share price. The reaffirmation of FY23 guidance suggests the company is confident in its future performance, but this has not been enough to offset the negative impact of the Q2 results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100