Nerdy Q2 Adj EPS $0.00 Beats $(0.01) Estimate, Sales $48.84M Beat $45.93M Estimate
Portfolio Pulse from mahesh@benzinga.com
Nerdy (NYSE:NRDY) reported Q2 earnings of $0.00 per share, beating the analyst consensus estimate of $(0.01) by 140 percent. This is a 103.08 percent increase over losses of $(0.13) per share from the same period last year. The company also reported quarterly sales of $48.84 million, beating the analyst consensus estimate of $45.93 million by 6.33 percent, a 15.77 percent increase over sales of $42.19 million the same period last year.
August 08, 2023 | 8:38 pm
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POSITIVE IMPACT
Nerdy's Q2 earnings and sales beat estimates, with a significant YoY increase in earnings per share and sales. This could potentially lead to a positive short-term impact on the stock.
Nerdy's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors. The significant YoY increase in earnings per share and sales further strengthens the positive outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100