USD Partners Q2 Sales $19.47M Miss $21.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
USD Partners (NYSE:USDP) reported Q2 sales of $19.47 million, missing the analyst consensus estimate of $21.40 million by 9.01 percent. This represents a 42.29 percent decrease compared to the same period last year.
August 08, 2023 | 9:50 pm
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NEGATIVE IMPACT
USD Partners' Q2 sales missed the analyst consensus estimate by 9.01%, and decreased by 42.29% compared to the same period last year.
USD Partners' Q2 sales not only missed the analyst consensus estimate, but also showed a significant year-over-year decrease. This could 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