FIGS Q2 Adj EPS $0.02 Down From $0.03 YoY, Sales $138.13M Beat $133.35M Estimate
Portfolio Pulse from vinayak@benzinga.com
FIGS (NYSE:FIGS) reported Q2 earnings of $0.02 per share, a 33.33% decrease YoY. However, the company's quarterly sales of $138.13M beat the analyst consensus estimate of $133.35M by 3.59%, marking a 12.99% increase YoY.
August 04, 2023 | 2:20 pm
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FIGS reported a YoY decrease in Q2 earnings but beat sales estimates. This mixed result could lead to uncertain market reactions.
While FIGS reported a decrease in earnings, it beat sales estimates. This mixed result could lead to a neutral market reaction as investors weigh the lower earnings against the higher sales.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100