SunOpta Q2 Adj EPS $(0.03) Down From $0.03 YoY, Sales $207.81M Miss $225.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
SunOpta reported Q2 adjusted losses of $(0.03) per share, a 200% decrease YoY. The company's quarterly sales were $207.81M, missing the analyst consensus estimate of $225.07M by 7.67%. This represents a 14.67% decrease in sales compared to the same period last year.
August 09, 2023 | 9:01 pm
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SunOpta's Q2 earnings and sales have significantly decreased compared to last year, and the company has missed analyst estimates.
SunOpta's Q2 results show a significant decrease in earnings and sales compared to the same period last year. Additionally, the company missed analyst estimates, which could negatively impact investor sentiment and the stock price in the short term.
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