CPI Card Q2 EPS $0.55 Beats $0.33 Estimate, Sales $114.96M Beat $103.50M Estimate
Portfolio Pulse from totan@benzinga.com
CPI Card (NASDAQ:PMTS) reported Q2 earnings of $0.55 per share, beating the analyst consensus estimate of $0.33 by 66.67%. This is a 5.77% increase from the same period last year. The company also reported quarterly sales of $114.96 million, beating the analyst consensus estimate of $103.50 million by 11.07%. This is a 1.46% increase from the same period last year.
August 08, 2023 | 11:02 am
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POSITIVE IMPACT
CPI Card's Q2 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
CPI Card's earnings and sales for Q2 have surpassed analyst estimates, which is a positive indicator of the company's financial performance. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100