OTC Markets Gr Q2 Adj EPS $0.86 Beats $0.63 Estimate, Sales $26.42M Miss $28.54M Estimate
Portfolio Pulse from bharat@benzinga.com
OTC Markets Gr (OTC:OTCM) reported Q2 earnings of $0.86 per share, beating the analyst consensus estimate of $0.63 by 36.51%. However, this is a 2.27% decrease from the same period last year. The company's quarterly sales were $26.42 million, missing the analyst consensus estimate of $28.54 million by 7.41%, but this is a 4.82% increase from the same period last year.
August 04, 2023 | 12:32 pm
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OTC Markets Gr's Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertainty in the market.
OTC Markets Gr's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These mixed results could lead to uncertainty in the market, potentially impacting the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100