CoreCard Q2 EPS $0.22 Beats $0.20 Estimate, Sales $15.69M Beat $15.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
CoreCard (NYSE:CCRD) reported Q2 earnings of $0.22 per share, beating the analyst consensus estimate of $0.20 by 10%. However, this is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $15.69 million, beating the estimate of $15.46 million by 1.50%, and marking a 3.20% increase from last year.
August 04, 2023 | 11:00 am
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CoreCard's Q2 earnings and sales beat estimates, but earnings are down 33.33% YoY. Sales increased by 3.20% YoY.
While CoreCard beat estimates for both earnings and sales, the decrease in earnings compared to the same period last year might concern investors. However, the increase in sales YoY could offset this concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100