Generation Income Q2 EPS $(0.03) Up From $(0.09) YoY, Sales $1.33M Miss $1.34M Estimate
Portfolio Pulse from mahesh@benzinga.com
Generation Income (NASDAQ:GIPR) reported Q2 losses of $(0.03) per share, a 66.67% increase YoY. The company's quarterly sales were $1.33M, missing the analyst consensus estimate of $1.34M by 0.82% and marking a 3.63% decrease YoY.
August 14, 2023 | 12:10 pm
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Generation Income's Q2 report shows improved EPS losses but missed sales estimates and a YoY decrease.
Generation Income's improved EPS losses indicate a better financial performance compared to the same period last year. However, the missed sales estimates and YoY decrease could negatively impact investor sentiment, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100