Hamilton Beach Brands Q2 EPS $0.01 Down From $0.36 YoY, Sales $137.11M Miss $144.10M Estimate
Portfolio Pulse from vinayak@benzinga.com
Hamilton Beach Brands (NYSE:HBB) reported Q2 earnings of $0.01 per share, a 97.22% decrease YoY. The company's quarterly sales were $137.11 million, missing the analyst consensus estimate of $144.10 million by 4.85%. This represents a 7.06% decrease in sales compared to the same period last year.
August 04, 2023 | 12:23 pm
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Hamilton Beach Brands reported a significant decrease in Q2 earnings and missed sales estimates, which could negatively impact its stock price.
Hamilton Beach Brands reported a significant decrease in earnings and missed sales estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100