CompoSecure Q2 EPS $0.25, Inline, Sales $98.53M Miss $100.69M Estimate
Portfolio Pulse from totan@benzinga.com
CompoSecure (NASDAQ:CMPO) reported Q2 earnings of $0.25 per share, in line with analyst consensus. However, this is a 51.92% decrease from the same period last year. The company's quarterly sales of $98.53M missed the analyst consensus estimate of $100.69M by 2.15%, but it's a 1.37% increase from the same period last year.
August 14, 2023 | 8:13 pm
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CompoSecure's Q2 earnings met expectations but showed a significant YoY decrease. Sales also missed estimates but showed a slight YoY increase.
CompoSecure's earnings met analyst expectations, which is positive. However, the significant YoY decrease in earnings and the missed sales estimates could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100