DigitalBridge Gr Q2 EPS $(0.14) Misses $0.10 Estimate, Sales $425.00M Beat $315.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
DigitalBridge Gr (NYSE:DBRG) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $0.10 by 240 percent. However, the company's quarterly sales of $425.00 million beat the analyst consensus estimate of $315.48 million by 34.72 percent.
August 04, 2023 | 3:25 pm
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DigitalBridge Gr's Q2 earnings per share missed estimates by a significant margin, but sales exceeded expectations.
The company's earnings per share fell short of analyst estimates, which could negatively impact investor sentiment and the stock price. However, the strong sales performance may offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100