Westrock Coffee Q2 EPS $(0.35) Misses $(0.02) Estimate, Sales $224.70M Miss $239.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Westrock Coffee (NASDAQ:WEST) reported Q2 losses of $(0.35) per share, missing the analyst consensus estimate of $(0.02) by 1650 percent. The company's quarterly sales of $224.70 million also missed the analyst consensus estimate of $239.13 million by 6.03 percent.
August 09, 2023 | 8:25 pm
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NEGATIVE IMPACT
Westrock Coffee's Q2 earnings per share and sales missed analyst estimates significantly, which could negatively impact the company's stock price in the short term.
Westrock Coffee's Q2 earnings per share and sales fell significantly short of analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100