James River Gr Hldgs Q2 EPS $0.53 Beats $0.49 Estimate, Sales $209.66M Miss $214.70M Estimate
Portfolio Pulse from mahesh@benzinga.com
James River Gr Hldgs (NASDAQ:JRVR) reported Q2 earnings of $0.53 per share, beating the analyst consensus estimate of $0.49 by 8.16%. However, the company's quarterly sales of $209.66 million missed the analyst consensus estimate of $214.70 million by 2.35%. This represents a 1.92% increase in earnings and a 12.56% increase in sales compared to the same period last year.
August 07, 2023 | 8:40 pm
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James River Gr Hldgs reported better than expected Q2 earnings but missed on sales. This mixed report may lead to uncertain short-term price movement.
James River Gr Hldgs reported Q2 earnings that beat estimates, which is generally positive for the stock. However, the company missed on sales, which is generally negative. These mixed results may lead to uncertain short-term price movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100