Emerald Holding Q2 EPS $(0.29) Beats $(0.30) Estimate, Sales $86.50M Miss $86.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Emerald Holding (NYSE:EEX) reported Q2 losses of $(0.29) per share, beating the analyst consensus estimate of $(0.30) by 3.33%. However, the company's quarterly sales of $86.50 million missed the analyst consensus estimate of $86.70 million by 0.23%. This represents a 93.33% decrease in losses and a 21.15% increase in sales compared to the same period last year.
August 04, 2023 | 10:49 am
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Emerald Holding's Q2 results were mixed with earnings beating estimates but sales missing. The company's losses decreased significantly and sales increased compared to last year.
Emerald Holding's Q2 results were mixed, which could lead to uncertainty among investors. While the company beat earnings estimates, it missed on sales. However, the significant decrease in losses and increase in sales compared to last year could be seen as positive signs.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100