Sadot Group Q2 EPS $0.01 Beats $(0.02) Estimate, Sales $160.32M Miss $203.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sadot Group reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.02) by 150 percent. However, the company's quarterly sales of $160.32 million missed the analyst consensus estimate of $203.96 million by 21.40 percent.
August 09, 2023 | 8:12 pm
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NEUTRAL IMPACT
Sadot Group's Q2 earnings beat estimates but sales missed expectations.
While Sadot Group's earnings beat estimates, which is positive, their sales missed expectations, which is negative. These two factors could balance each other out, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100