Pennant Gr Q2 Adj EPS $0.18 Beats $0.16 Estimate, Sales $132.28M Beat $126.70M Estimate
Portfolio Pulse from saritha@benzinga.com
Pennant Gr (NASDAQ:PNTG) reported Q2 earnings of $0.18 per share, beating the analyst consensus estimate of $0.16 by 12.5%. This is a 28.57% increase over earnings of $0.14 per share from the same period last year. The company also reported quarterly sales of $132.28 million, beating the analyst consensus estimate of $126.70 million by 4.40%. This is a 13.73% increase over sales of $116.32 million the same period last year.
August 08, 2023 | 8:27 pm
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POSITIVE IMPACT
Pennant Gr's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Pennant Gr's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant YoY growth in earnings and sales further strengthens this outlook.
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IMPORTANCE 80
RELEVANCE 100