Valhi Q2 EPS $(0.18) Misses $0.21 Estimate, Sales $507.10M Down From $634.60M YoY
Portfolio Pulse from Benzinga Newsdesk
Valhi (NYSE:VHI) reported Q2 losses of $(0.18) per share, missing the analyst consensus estimate of $0.21 by 185.71 percent. This is a 118.37 percent decrease over earnings of $0.98 per share from the same period last year. The company reported $507.10 million in sales this quarter, a 20.09 percent decrease over sales of $634.60 million the same period last year.
August 04, 2023 | 2:38 pm
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NEGATIVE IMPACT
Valhi's Q2 earnings and sales significantly missed estimates and decreased YoY, which could negatively impact its stock price.
Valhi's Q2 earnings and sales have significantly missed estimates and decreased compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100