Global Indemnity Q2 Adj EPS $0.50 Beats $0.45 Estimate, Sales $141.89M Miss $146.00M Estimate
Portfolio Pulse from sunil@benzinga.com
Global Indemnity (NASDAQ:GBLI) reported Q2 earnings of $0.50 per share, beating the analyst consensus estimate of $0.45 by 11.11%. This is a 316.67% increase from the same period last year. However, the company's quarterly sales of $141.89 million missed the analyst consensus estimate of $146.00 million by 2.81%, a 4.04% decrease from last year.
August 08, 2023 | 12:07 pm
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Global Indemnity's Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertain short-term price movements.
Global Indemnity's earnings beat estimates, which is generally positive for the stock price. However, the company's sales missed estimates, which is generally negative for the stock price. These mixed results could lead to uncertain short-term price movements.
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RELEVANCE 100