UPDATE: Greenhill & Co Q2 EPS $0.21 Misses $0.30 Estimate, Sales $71.44M Miss $71.47M Estimate
Portfolio Pulse from Happy Mohamed
Greenhill & Co (NYSE:GHL) reported Q2 earnings of $0.21 per share, missing the analyst consensus estimate of $0.30 by 30 percent. This is a 120.39 percent increase over losses from the same period last year. The company also reported quarterly sales of $71.44 million, missing the analyst consensus estimate of $71.47 million by 0.05 percent, a 98.16 percent increase over sales from the same period last year.
August 09, 2023 | 10:23 pm
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NEGATIVE IMPACT
Greenhill & Co's Q2 earnings and sales missed estimates, despite significant YoY increases. This could potentially impact the company's stock price negatively in the short term.
Greenhill & Co's Q2 earnings and sales missed analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term. However, the significant YoY increases in both earnings and sales may mitigate some of this potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100