Flexible Solutions Intl Q2 EPS $0.07 Misses $0.09 Estimate, Sales $10.33M Miss $12.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
Flexible Solutions Intl (FSI) reported Q2 earnings of $0.07 per share, missing the analyst consensus estimate of $0.09 by 22.22%. This is a 46.15% decrease from the same period last year. The company also reported quarterly sales of $10.33 million, missing the analyst consensus estimate of $12.99 million by 20.47%. This is a 7.47% decrease from the same period last year.
August 14, 2023 | 8:35 pm
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NEGATIVE IMPACT
FSI's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the stock price in the short term.
FSI's earnings and sales for Q2 have significantly missed estimates, and have decreased compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100