Dirtt Environmental Solns Q2 EPS $0.01 Beats $(0.06) Estimate, Sales $44.75M Beat $40.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dirtt Environmental Solns (NASDAQ:DRTT) reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.06) by 116.67%. The company also reported quarterly sales of $44.75 million, beating the estimate of $40.12 million by 11.55%. This represents a 104.55% increase in earnings and a 0.12% increase in sales compared to the same period last year.
August 04, 2023 | 12:32 pm
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Dirtt Environmental Solns reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Companies that report earnings and sales that beat estimates often see a positive reaction in their stock price as this indicates better than expected performance. Dirtt Environmental Solns' Q2 results beat estimates, which could lead to a positive short-term impact on its stock price.
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