Steel Partners Holdings Q2 EPS $2.44 Down From $3.52 YoY, Sales $500.93M Up From $441.41M YoY
Portfolio Pulse from Benzinga Newsdesk
Steel Partners Holdings (NYSE:SPLP) reported Q2 earnings of $2.44 per share, a decrease of 30.68% YoY. However, the company's sales increased by 13.48% YoY to $500.93 million.
August 09, 2023 | 12:49 pm
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NEUTRAL IMPACT
Steel Partners Holdings reported a YoY decrease in Q2 earnings but an increase in sales. This mixed result could lead to uncertainty in the market.
The decrease in earnings could negatively impact the stock price, but the increase in sales could offset this. The net effect on the stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100