Compass Q2 EPS $(0.10) Misses $(0.05) Estimate, Sales $1.49B Miss $1.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
Compass (NYSE:COMP) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.05) by 100%. The company also reported quarterly sales of $1.49 billion, missing the estimate of $1.53 billion by 2.48%. This represents a 26.04% decrease in sales compared to the same period last year.
August 07, 2023 | 8:15 pm
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NEGATIVE IMPACT
Compass reported Q2 losses and sales that missed analyst estimates. This could negatively impact the company's stock in the short term.
Compass reported higher than expected losses and lower than expected sales for Q2. This negative financial performance could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100