Sterling Check Q2 Adj EPS $0.28 Beats $0.27 Estimate, Sales $190.38M Miss $191.99M Estimate
Portfolio Pulse from sunil@benzinga.com
Sterling Check (NASDAQ:STER) reported Q2 earnings of $0.28 per share, beating the analyst consensus estimate of $0.27 by 3.7%. However, this is a 15.15% decrease from the same period last year. The company's quarterly sales were $190.38 million, missing the analyst consensus estimate of $191.99 million by 0.84%. This is a 7.40% decrease from the same period last year.
August 08, 2023 | 11:13 am
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Sterling Check's Q2 earnings beat estimates but were down YoY. Sales missed estimates and were also down YoY.
Sterling Check's earnings beat estimates, which is positive. However, the YoY decrease in both earnings and sales, as well as the missed sales estimate, could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100