UPDATE: TPG Q2 Adj $0.26 Misses $0.34 Estimate, Sales $285.73M Miss $289.25M Estimate
Portfolio Pulse from Happy Mohamed
TPG (NASDAQ: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. The company also reported quarterly sales of $285.73 million, missing the analyst consensus estimate of $289.25 million by 1.22%. This is a 1.46% decrease from the same period last year.
August 08, 2023 | 12:48 pm
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NEGATIVE IMPACT
TPG's Q2 earnings and sales missed analyst estimates, marking a decrease from the same period last year.
TPG's earnings and sales for Q2 have both missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100