SPAR Group Q2 Adj $0.03 Misses $0.04 Estimate, Sales $65.94M Miss $70.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
SPAR Group reported Q2 adjusted earnings of $0.03 per share, a 50% decrease from $0.06 per share YoY. Sales also decreased by 2.75% to $65.94 million from $67.80 million YoY.
August 14, 2023 | 12:04 pm
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NEGATIVE IMPACT
SPAR Group's Q2 earnings and sales have both decreased YoY. This could potentially impact investor sentiment and the company's stock price.
SPAR Group's Q2 earnings and sales have both decreased compared to the same period last year. This indicates a potential slowdown in the company's performance, which could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100