BGSF Q2 Adj EPS $0.37 Beats $0.19 Estimate, Sales $80.80M Miss $82.80M Estimate
Portfolio Pulse from mahesh@benzinga.com
BGSF reported Q2 earnings of $0.37 per share, beating the analyst consensus estimate of $0.19 by 94.74%. However, the company's quarterly sales of $80.80 million missed the analyst consensus estimate of $82.80 million by 2.42%. This represents a 9.06% increase over sales from the same period last year.
August 09, 2023 | 8:04 pm
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NEUTRAL IMPACT
BGSF's Q2 earnings beat estimates but sales fell short. This mixed result could lead to uncertain market reactions.
BGSF's earnings beat estimates, which is typically positive for the stock. However, the sales miss could offset this positive impact. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100