Evolus Q2 EPS $(0.32) Misses $(0.22) Estimate, Sales $49.35M Miss $64.12M Estimate
Portfolio Pulse from totan@benzinga.com
Evolus reported Q2 earnings per share (EPS) of $(0.32), missing the analyst consensus estimate of $(0.22) by 45.45%. The company's quarterly sales were $49.35M, missing the estimate of $64.12M by 23.04%. However, both EPS and sales showed an increase compared to the same period last year.
August 04, 2023 | 12:10 pm
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NEGATIVE IMPACT
Evolus' Q2 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Evolus reported lower than expected earnings and sales for Q2, which is typically seen as a negative signal by investors and could lead to a decrease in the stock price. However, the YoY increase in both metrics might mitigate the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100