Daseke Q2 EPS Adj. $0.20 Misses $0.24 Estimate, Sales $407.30M Miss $423.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Daseke (NASDAQ:DSKE) reported Q2 adjusted earnings of $0.20 per share, missing the analyst consensus estimate of $0.24 by 16.67%. This is a 52.38% decrease from the same period last year. The company also reported quarterly sales of $407.30 million, missing the analyst consensus estimate of $423.40 million by 3.80%. This is a 15.38% decrease from the same period last year.
August 04, 2023 | 12:50 pm
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NEGATIVE IMPACT
Daseke's Q2 earnings and sales missed estimates, indicating a potential negative impact on the company's stock price in the short term.
Daseke's Q2 earnings and sales fell short of analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price. The significant decrease in earnings and sales compared to the same period last year further exacerbates this potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100