Shenandoah Q2 EPS $0.04 Beats $(0.04) Estimate, Sales $71.34M Beat $70.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shenandoah (NASDAQ:SHEN) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $(0.04) by 200 percent. This is a 166.67 percent increase over losses of $(0.06) per share from the same period last year. The company also reported quarterly sales of $71.34 million, beating the analyst consensus estimate of $70.19 million by 1.64 percent, a 8.06 percent increase over sales of $66.02 million the same period last year.
August 04, 2023 | 10:58 am
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POSITIVE IMPACT
Shenandoah's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Shenandoah's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This positive news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100