Gulf Island Fabrication Q2 EPS $0.07 Beats $(0.09) Estimate, Sales $39.33M Up From $35.90M YoY
Portfolio Pulse from totan@benzinga.com
Gulf Island Fabrication (NASDAQ:GIFI) reported Q2 earnings of $0.07 per share, beating the analyst consensus estimate of $(0.09) by 177.78%. This is a 187.5% increase YoY. The company also reported $39.33 million in sales, a 9.54% increase YoY.
August 08, 2023 | 8:22 pm
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Gulf Island Fabrication reported a significant increase in Q2 earnings and sales YoY, beating analyst estimates.
Gulf Island Fabrication's Q2 earnings significantly beat analyst estimates, and sales also increased YoY. This indicates strong performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
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