Gaia Q2 EPS $(0.08) Misses $(0.04) Estimate, Sales $19.84M Miss $19.90M Estimate
Portfolio Pulse from vinayak@benzinga.com
Gaia reported Q2 earnings per share of $(0.08), missing the analyst consensus estimate of $(0.04) by 100%. The company also reported quarterly sales of $19.84 million, missing the estimate of $19.90 million by 0.31%. This represents a 900% decrease in earnings and a 4.25% decrease in sales compared to the same period last year.
July 31, 2023 | 8:54 pm
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NEGATIVE IMPACT
Gaia's Q2 earnings and sales missed estimates, indicating a potential negative impact on the stock in the short term.
Gaia's Q2 earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100