Diversified Healthcare Q2 EPS $0.05 Up From $(0.04) YoY, Sales $346.22M Miss $353.15M Estimate
Portfolio Pulse from mahesh@benzinga.com
Diversified Healthcare (NASDAQ:DHC) reported Q2 earnings of $0.05 per share, a 225% increase YoY. However, the company's quarterly sales of $346.22M missed the analyst consensus estimate of $353.15M by 1.96%. Sales increased by 10.60% compared to the same period last year.
August 04, 2023 | 10:27 am
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Diversified Healthcare's Q2 earnings beat last year's figures, but sales missed estimates. This mixed result could lead to uncertainty in the market.
While Diversified Healthcare's earnings have significantly increased compared to last year, the missed sales estimates could dampen investor enthusiasm. The market reaction could be mixed due to these contrasting results.
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