Perma-Fix Envirn Servs Q2 EPS $0.04 Misses $0.06 Estimate, Sales $25.03M Beat $23.20M Estimate
Portfolio Pulse from Happy Mohamed
Perma-Fix Envirn Servs (NASDAQ:PESI) reported Q2 earnings of $0.04 per share, missing the analyst consensus estimate of $0.06 by 33.33%. However, the company's quarterly sales of $25.03 million beat the estimate of $23.20 million by 7.90%. This represents a 136.36% increase in earnings and a 28.67% increase in sales compared to the same period last year.
August 04, 2023 | 1:11 pm
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NEUTRAL IMPACT
Perma-Fix Envirn Servs missed Q2 earnings estimates but beat sales estimates. Earnings increased by 136.36% and sales increased by 28.67% YoY.
While Perma-Fix Envirn Servs missed earnings estimates, the company beat sales estimates and showed significant YoY growth in both earnings and sales. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100