DocGo Q2 EPS $(0.02) Misses $0.03 Estimate, Sales $125.49M Beat $119.64M Estimate
Portfolio Pulse from sunil@benzinga.com
DocGo (NASDAQ:DCGO) reported Q2 earnings per share of $(0.02), missing the analyst consensus estimate of $0.03 by 166.67%. This is a 118.18% decrease from the same period last year. However, the company's quarterly sales of $125.49 million beat the analyst consensus estimate of $119.64 million by 4.89%, marking a 14.58% increase from the same period last year.
August 07, 2023 | 8:39 pm
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NEUTRAL IMPACT
DocGo's Q2 earnings per share missed estimates significantly, but sales exceeded expectations. This mixed performance may lead to uncertainty in the market.
DocGo's earnings per share missed estimates by a significant margin, which could negatively impact the stock price. However, the company's sales exceeded expectations, which could offset some of the negative impact. The mixed results may lead to uncertainty among investors, potentially leading to volatility in the stock price.
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IMPORTANCE 80
RELEVANCE 100