United Fire Gr Q2 EPS $(2.27) Misses $0.19 Estimate, Sales $267.09M Beat $266.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
United Fire Gr (NASDAQ:UFCS) reported Q2 losses of $(2.27) per share, missing the analyst consensus estimate of $0.19 by 1294.74 percent. This is a 1045.83 percent decrease from the same period last year. However, the company reported quarterly sales of $267.09 million, beating the analyst consensus estimate of $266.80 million by 0.11 percent, a 21.66 percent increase from last year.
August 07, 2023 | 8:03 pm
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United Fire Gr's Q2 earnings per share missed estimates significantly, but sales slightly beat estimates.
The company's earnings per share missed estimates by a large margin, which is likely to negatively impact the stock price. However, the sales beat estimates, which could provide some support to the stock price.
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