DigitalBridge Gr Q2 GAAP EPS $(0.14) Beats $(0.25) Estimate, Sales $424.93M Beat $298.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
DigitalBridge Gr (NYSE:DBRG) reported Q2 GAAP EPS of $(0.14), beating the estimate of $(0.25) by 44%. The company also reported quarterly sales of $424.93M, surpassing the estimate of $298.95M by 42.14%. Both earnings and sales have increased compared to the same period last year.
August 04, 2023 | 3:29 pm
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POSITIVE IMPACT
DigitalBridge Gr's Q2 earnings and sales beat estimates, indicating a positive financial performance.
DigitalBridge Gr reported better than expected Q2 results, with both earnings per share and sales beating estimates. This indicates a strong financial performance, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100