AFC Gamma Q2 Adj EPS $0.49 Misses $0.53 Estimate, Sales $16.10M Miss $17.11M Estimate
Portfolio Pulse from bharat@benzinga.com
AFC Gamma (NASDAQ:AFCG) reported Q2 earnings of $0.49 per share, missing the analyst consensus estimate of $0.53 by 7.55%. This is a 28.99% decrease from the same period last year. The company also reported quarterly sales of $16.10 million, missing the analyst consensus estimate of $17.11 million by 5.91%. This is a 19.12% decrease from the same period last year.
August 08, 2023 | 12:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
AFC Gamma's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock in the short term.
AFC Gamma's earnings and sales for Q2 have both missed estimates and shown a significant decrease from the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100