Nomad Foods Q2 Adj EPS $0.43 Beats $0.40 Estimate, Sales $808.72M Miss $815.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nomad Foods reported Q2 adjusted earnings of $0.43 per share, beating the analyst consensus estimate of $0.40 by 8.5%. However, the company's quarterly sales of $808.72 million missed the analyst consensus estimate of $815.20 million by 0.79%.
August 09, 2023 | 10:47 am
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NEUTRAL IMPACT
Nomad Foods' Q2 earnings beat estimates but sales fell short. This mixed result could lead to a neutral or slightly negative short-term impact on the stock.
Nomad Foods reported better than expected earnings but missed on sales. This mixed result could lead to uncertainty among investors, potentially causing a neutral or slightly negative short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100