Heritage-Crystal Clean Q2 EPS $0.36 Misses $0.54 Estimate, Sales $192.20M Miss $194.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Heritage-Crystal Clean (NASDAQ:HCCI) reported Q2 earnings of $0.36 per share, missing the analyst consensus estimate of $0.54 by 33.33%. This is a 62.89% decrease from the same period last year. The company also reported quarterly sales of $192.20 million, missing the analyst consensus estimate of $194.41 million by 1.14%. However, this is a 22.70% increase from the same period last year.
August 09, 2023 | 8:32 pm
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NEGATIVE IMPACT
Heritage-Crystal Clean's Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term.
Heritage-Crystal Clean's earnings per share and sales for Q2 both missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100