Stran & Co Q2 EPS $(0.05) Misses $(0.03) Estimate, Sales $17.47M Miss $18.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stran & Co (NASDAQ:SWAG) reported Q2 losses of $(0.05) per share, missing the analyst consensus estimate of $(0.03) by 66.67%. The company also reported quarterly sales of $17.47 million, missing the analyst consensus estimate of $18.59 million by 6.02%.
August 14, 2023 | 11:03 am
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NEGATIVE IMPACT
Stran & Co's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Stran & Co's Q2 earnings and sales fell short of analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100