Fox Factory Hldg Q2 EPS $1.21 Beats $1.14 Estimate, Sales $400.71M Miss $402.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fox Factory Hldg (NASDAQ:FOXF) reported Q2 earnings of $1.21 per share, beating the analyst consensus estimate of $1.14 by 6.14%. However, this is a 12.32% decrease from the same period last year. The company's quarterly sales were $400.71 million, missing the analyst consensus estimate of $402.61 million by 0.47%, and a 1.47% decrease from last year.
August 04, 2023 | 2:21 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Fox Factory Hldg's Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Fox Factory Hldg's earnings beat estimates, which is generally positive for the stock. However, the company missed on sales, which is typically negative. These mixed results could lead to uncertain market reactions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100