Tile Shop Holdings Q2 EPS $0.12 Beats $0.08 Estimate, Sales $98.56M Miss $103.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tile Shop Holdings (NASDAQ:TTSH) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.08 by 50%. However, the company's quarterly sales of $98.56 million missed the analyst consensus estimate of $103.00 million by 4.31%. This represents a 7.69% decrease in earnings and an 8.41% decrease in sales compared to the same period last year.
August 04, 2023 | 12:55 pm
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Tile Shop Holdings reported better than expected Q2 earnings but missed on sales. This mixed report could lead to uncertainty in the market.
Tile Shop Holdings reported Q2 earnings that beat estimates, which is positive for the stock. However, the company missed on sales, which is negative. The mixed results could lead to uncertainty among investors, potentially impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100