Perimeter Solutions Q2 EPS $0.31 Beats $(0.05) Estimate, Sales $76.14M Beat $65.41M Estimate
Portfolio Pulse from saritha@benzinga.com
Perimeter Solutions (NYSE:PRM) reported Q2 earnings of $0.31 per share, beating the analyst consensus estimate of $(0.05) by 720%. This is a 675% increase from the same period last year. The company also reported quarterly sales of $76.14 million, beating the analyst consensus estimate of $65.41 million by 16.40%. However, this is a 24.59% decrease from the same period last year.
August 04, 2023 | 12:46 pm
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Perimeter Solutions reported strong Q2 earnings, significantly beating estimates. However, sales decreased compared to the same period last year.
Perimeter Solutions' Q2 earnings significantly exceeded analyst estimates, which could lead to a positive market reaction and potential short-term increase in the stock price. However, the decrease in sales compared to the same period last year could temper this positive impact.
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