Argo Gr Intl Hldgs Q2 Adj $(0.02) Misses $0.40 Estimate, Sales $329.90M Miss $348.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Argo Gr Intl Hldgs (NYSE:ARGO) reported Q2 losses of $(0.02) per share, missing the analyst consensus estimate of $0.40 by 105 percent. This is a 102.25 percent decrease from last year. The company also reported quarterly sales of $329.90 million, missing the analyst consensus estimate of $348.80 million by 5.42 percent, a 27.38 percent decrease from last year.
August 07, 2023 | 8:52 pm
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Argo Gr Intl Hldgs reported a significant decrease in earnings and sales compared to last year, missing analyst estimates.
Argo Gr Intl Hldgs reported a significant decrease in earnings and sales compared to the same period last year, missing analyst estimates. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100