GoDaddy Q2 EPS $0.54 Misses $0.57 Estimate, Sales $1.05B Miss $1.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
GoDaddy (NYSE:GDDY) reported Q2 earnings of $0.54 per share, missing the analyst consensus estimate of $0.57 by 5.26%. The company also reported quarterly sales of $1.05 billion, missing the analyst consensus estimate of $1.06 billion by 1.13%. This represents a 3.57% decrease in earnings and a 3.15% increase in sales compared to the same period last year.
August 04, 2023 | 2:26 pm
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GoDaddy's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
GoDaddy's earnings and sales missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100