National Vision Holdings Q2 Adj. EPS $0.17 Beats $0.09 Estimate, Sales $525.34M Beat $525.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Vision Holdings (NASDAQ:EYE) reported Q2 adjusted earnings of $0.17 per share, beating the analyst consensus estimate of $0.09 by 88.89%. However, this is a 19.05% decrease from the same period last year. The company also reported quarterly sales of $525.34 million, slightly beating the estimate of $525.15 million by 0.04%, and marking a 3.10% increase from last year.
August 10, 2023 | 10:02 am
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NEUTRAL IMPACT
National Vision Holdings reported better than expected Q2 earnings and sales, but earnings decreased compared to last year.
While National Vision Holdings beat Q2 estimates, the decrease in earnings compared to the same period last year might concern investors. The slight beat in sales and the YoY increase might offset this concern, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100