Vital Farms Q2 EPS $0.15 Beats $0.06 Estimate, Sales $106.44M Beat $104.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vital Farms (NASDAQ:VITL) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.06 by 150%. The company also reported quarterly sales of $106.44 million, surpassing the analyst consensus estimate of $104.89 million by 1.48%. This represents a 28.45% increase over sales of $82.87 million the same period last year.
August 04, 2023 | 1:01 pm
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POSITIVE IMPACT
Vital Farms' Q2 earnings and sales exceeded analyst estimates, which could lead to a positive short-term impact on the stock.
Vital Farms reported better than expected Q2 earnings and sales, beating analyst estimates. This positive financial performance could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100