HireRight Holdings Q2 Sales $192.00M Beat $190.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
HireRight Holdings (NYSE:HRT) reported Q2 sales of $192.00 million, beating the analyst consensus estimate of $190.46 million by 0.81 percent. However, this represents a 13.63 percent decrease from the same period last year.
August 08, 2023 | 8:10 pm
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NEUTRAL IMPACT
HireRight Holdings' Q2 sales exceeded estimates but are down year-over-year. This mixed result could lead to uncertain short-term price movements.
HireRight Holdings' Q2 sales beat estimates, which is typically a positive signal for investors and could drive the stock price up. However, the year-over-year decrease in sales could be a negative signal, potentially offsetting any gains. Therefore, the short-term price impact is uncertain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100