CaliberCos Q2 EPS $(0.29) Down From $(0.03) YoY, Sales $20.45M Up From $18.68M YoY
Portfolio Pulse from mahesh@benzinga.com
CaliberCos (NASDAQ:CWD) reported Q2 losses of $(0.29) per share, a 866.67% decrease YoY. However, the company's sales increased by 9.44% to $20.45 million compared to the same period last year.
August 10, 2023 | 8:38 pm
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CaliberCos reported a significant YoY decrease in Q2 EPS but an increase in sales. This mixed result could lead to uncertainty among investors.
The significant decrease in EPS indicates a drop in profitability, which could negatively impact the stock price. However, the increase in sales suggests growth, which could have a positive effect. The mixed results make the short-term impact on the stock price uncertain.
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