Guild Holdings Q2 Adj EPS $0.15 Beats $0.05 Estimate, Sales $236.81M Beat $172.86M Estimate
Portfolio Pulse from vinayak@benzinga.com
Guild Holdings (NYSE:GHLD) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.05 by 200%. However, this is a 34.78% decrease from the same period last year. The company also reported quarterly sales of $236.81 million, beating the estimate of $172.86 million by 37%, but this is a 17.64% decrease from last year.
August 04, 2023 | 2:22 pm
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NEUTRAL IMPACT
Guild Holdings reported better than expected Q2 earnings and sales, but both figures are down compared to the same period last year.
While Guild Holdings beat analyst estimates for Q2 earnings and sales, the year-over-year decreases in both figures could potentially offset any positive impact from the earnings beat. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100