StarTek Q2 EPS $0.04 Misses $0.06 Estimate, Sales $91.20M Beat $87.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
StarTek (NYSE:SRT) reported Q2 earnings of $0.04 per share, missing the analyst consensus estimate of $0.06 by 33.33%. This is a 69.23% decrease from the same period last year. However, the company reported quarterly sales of $91.20 million, beating the analyst consensus estimate of $87.77 million by 3.91%. This is a 45.60% decrease from the same period last year.
August 10, 2023 | 8:06 pm
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NEGATIVE IMPACT
StarTek's Q2 earnings per share missed estimates and decreased from last year, but sales beat estimates and also decreased from last year.
StarTek's earnings per share missed the analyst consensus estimate and decreased significantly from the same period last year, which could negatively impact the stock price. However, the company's sales beat the analyst consensus estimate, which could offset some of the negative impact. The overall decrease in both earnings and sales compared to last year could indicate potential issues with the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100