Arhaus Q2 Adj EPS $0.29 Beats $0.26 Estimate, Sales $313.00M Miss $327.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arhaus (NASDAQ:ARHS) reported Q2 adjusted earnings of $0.29 per share, beating the analyst consensus estimate of $0.26 by 11.54%. However, the company's quarterly sales of $313.00 million missed the analyst consensus estimate of $327.58 million by 4.45%. This represents a 2.20% increase in sales compared to the same period last year.
August 09, 2023 | 10:32 am
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Arhaus' Q2 earnings beat estimates but sales missed, indicating mixed performance.
Arhaus' earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100