TPG Q2 Adj $0.26 Misses $0.34 Estimate, Sales $285.73M Miss $289.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
TPG reported Q2 earnings of $0.26 per share, missing the analyst consensus estimate of $0.34 by 23.53%. This is a 43.48% decrease from the same period last year. However, the company reported quarterly sales of $327.10 million, beating the analyst consensus estimate of $295.21 million by 10.80%. This is a 12.81% increase from the same period last year.
August 08, 2023 | 12:10 pm
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TPG's Q2 earnings per share missed estimates by 23.53%, but sales exceeded estimates by 10.80%.
TPG's earnings per share fell short of analyst estimates, which could negatively impact investor sentiment and the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100