Legacy Housing Q2 EPS $0.60 Misses $0.62 Estimate, Sales $52.64M Miss $55.18M Estimate
Portfolio Pulse from saritha@benzinga.com
Legacy Housing reported Q2 earnings of $0.60 per share, missing the analyst consensus estimate of $0.62 by 3.23%. The company also reported quarterly sales of $52.64 million, missing the estimate of $55.18 million by 4.61%. This represents a decrease in earnings and sales compared to the same period last year.
August 09, 2023 | 8:41 pm
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NEGATIVE IMPACT
Legacy Housing's Q2 earnings and sales missed estimates, indicating a potential negative impact on the company's stock.
Legacy Housing's earnings and sales for Q2 have missed estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100