Trupanion Q2 EPS $(0.33) Beats $(0.41) Estimate, Sales $270.57M Beat $262.82M Estimate
Portfolio Pulse from totan@benzinga.com
Trupanion (NASDAQ:TRUP) reported Q2 losses of $(0.33) per share, beating the analyst consensus estimate of $(0.41) by 19.51%. The company's quarterly sales were $270.57 million, surpassing the analyst consensus estimate of $262.82 million by 2.95%. This represents a 23.31% increase over sales of $219.41 million in the same period last year.
August 04, 2023 | 2:25 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Trupanion reported better than expected Q2 results, with losses per share and sales beating estimates.
Trupanion's Q2 results exceeded analyst estimates, which is typically a positive signal for the stock. The company's losses per share were less than expected and sales were higher than forecasted, indicating strong performance. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100