Enlight Renewable Energy Q2 EPS $0.12 Beats $0.09 Estimate, Sales $52.56M Miss $69.30M Estimate
Portfolio Pulse from bharat@benzinga.com
Enlight Renewable Energy (NASDAQ:ENLT) reported Q2 earnings of $0.12 per share, beating the analyst consensus estimate of $0.09 by 33.33%. However, the company's quarterly sales of $52.56 million missed the analyst consensus estimate of $69.30 million by 24.15%.
August 09, 2023 | 12:37 pm
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NEUTRAL IMPACT
Enlight Renewable Energy's Q2 earnings per share beat estimates, but sales fell short of expectations.
Enlight Renewable Energy's earnings per share exceeded analyst estimates, which could positively impact the stock. However, the company's sales missed estimates, which could have a negative impact. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100