Pyxis Tankers Q2 EPS $0.23, Inline, Sales $9.50M Beat $8.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pyxis Tankers reported Q2 earnings of $0.23 per share, in line with analyst consensus. This is a 39.47% decrease from the same period last year. The company's quarterly sales of $9.50 million beat the analyst consensus estimate of $8.65 million by 9.83%, but this is a 40.85% decrease from last year.
July 31, 2023 | 12:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Pyxis Tankers' Q2 earnings met expectations but showed a significant YoY decrease. Sales beat estimates but also decreased YoY.
While Pyxis Tankers met Q2 earnings expectations, the significant YoY decrease in both earnings and sales could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100