Consolidated Comms Hldgs Q2 Adj EPS $(0.28) Misses $(0.27) Estimate, Sales $275.16M Miss $277.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
Consolidated Comms Hldgs (NASDAQ:CNSL) reported Q2 adjusted EPS of $(0.28), missing the analyst consensus estimate of $(0.27) by 3.7%. The company also reported quarterly sales of $275.16 million, missing the estimate of $277.42 million by 0.81%. This represents a 7.78% decrease over sales of $298.39 million the same period last year.
August 08, 2023 | 12:02 pm
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Consolidated Comms Hldgs reported lower than expected Q2 earnings and sales, which could negatively impact its stock price.
The company reported lower than expected earnings and sales for Q2, which is typically a negative signal for investors and could lead to a decrease in the stock price.
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IMPORTANCE 80
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