Blue Apron Hldgs Q2 EPS $(9.52) Misses $(3.24) Estimate, Sales $106.23M Miss $109.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Apron Hldgs (NYSE:APRN) reported Q2 losses of $(9.52) per share, missing the analyst consensus estimate of $(3.24) by 193.83%. This is a 16.67% decrease over losses from the same period last year. The company also reported quarterly sales of $106.23 million, missing the analyst consensus estimate of $109.38 million by 2.88%. This is a 14.49% decrease over sales from the same period last year.
August 09, 2023 | 10:32 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Blue Apron's Q2 results missed estimates, with losses per share and sales both falling short. This could negatively impact the company's stock in the short term.
Blue Apron's Q2 results were below expectations, with both losses per share and sales missing estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100