Franklin Street Props Q2 EPS $0.07 Down From $0.10 YoY, Sales $36.27M Beat $35.66M Estimate
Portfolio Pulse from mahesh@benzinga.com
Franklin Street Props (AMEX:FSP) reported Q2 earnings of $0.07 per share, a 30% decrease YoY. However, the company beat the analyst consensus estimate with quarterly sales of $36.27M, a 1.70% increase over the estimate but a 12.20% decrease YoY.
August 04, 2023 | 10:36 am
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Franklin Street Props reported a decrease in Q2 earnings but beat sales estimates. This mixed result could lead to uncertain market reactions.
Franklin Street Props reported a decrease in earnings, which could negatively impact the stock. However, they beat sales estimates, which is generally a positive signal. These mixed results make the short-term impact on the stock uncertain.
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