Greystone Housing Impact Q2 EPS $0.85 Beats $0.44 Estimate, Sales $28.30M Beat $26.50M Estimate
Portfolio Pulse from bharat@benzinga.com
Greystone Housing Impact (NYSE:GHI) reported Q2 earnings of $0.85 per share, beating the analyst consensus estimate of $0.44 by 93.18%. This is an 18.06% increase from the same period last year. The company also reported quarterly sales of $28.30 million, beating the analyst consensus estimate of $26.50 million by 6.81%, a 64.24% increase from the same period last year.
August 04, 2023 | 1:14 pm
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Greystone Housing Impact's Q2 earnings and sales exceeded analyst estimates, which could lead to a positive short-term impact on the stock.
Companies that report earnings and sales that exceed analyst estimates often see a positive short-term impact on their stock as this can indicate strong financial performance and can increase investor confidence.
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