Sientra Q2 EPS $(0.85) Beats $(0.86) Estimate, Sales $23.13M Miss $24.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sientra reported Q2 losses of $(0.85) per share, beating the analyst consensus estimate of $(0.86) by 1.16 percent. However, the company's quarterly sales of $23.13 million missed the analyst consensus estimate of $24.75 million by 6.55 percent.
August 10, 2023 | 8:25 pm
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Sientra's Q2 earnings beat estimates but sales fell short, which could lead to mixed market reactions.
Sientra's Q2 earnings beat the analyst consensus estimate, which is generally a positive signal for investors. However, the company's sales missed the estimate, which could negatively impact the stock. The net effect of these two factors is uncertain, hence a neutral score is assigned.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100