Visteon Q2 Adj EPS $1.18 Misses $1.58 Estimate, Sales $983.00M Miss $997.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Visteon (NASDAQ:VC) reported Q2 adjusted earnings of $1.18 per share, missing the analyst consensus estimate of $1.58 by 25.32 percent. This is a decrease of 11.94 percent from the same period last year. The company also reported quarterly sales of $983.00 million, missing the analyst consensus estimate of $997.15 million by 1.42 percent, but marking a 15.92 percent increase from the same period last year.
August 04, 2023 | 12:53 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Visteon's Q2 earnings and sales missed estimates, which could negatively impact its stock price in the short term.
Visteon's Q2 earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100