Willdan Group Q2 Adj EPS $0.26 Beats $0.12 Estimate, Sales $61.94M Beat $54.99M Estimate
Portfolio Pulse from vinayak@benzinga.com
Willdan Group (NASDAQ:WLDN) reported Q2 earnings of $0.26 per share, beating the analyst consensus estimate of $0.12 by 116.67%. This is a 533.33% increase over losses of $(0.06) per share from the same period last year. The company also reported quarterly sales of $61.94 million, beating the analyst consensus estimate of $54.99 million by 12.63%. This is a 17.14% increase over sales of $52.87 million the same period last year.
August 04, 2023 | 2:26 pm
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Willdan Group's Q2 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance.
Willdan Group's Q2 earnings and sales beat analyst estimates by a significant margin. This indicates strong financial performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100