Barfresh Food Group Q2 EPS $(0.06), Inline, Sales $1.51M Miss $2.15M Estimate
Portfolio Pulse from mahesh@benzinga.com
Barfresh Food Group (NASDAQ:BRFH) reported Q2 losses of $(0.06) per share, in line with analyst consensus. However, the company's quarterly sales of $1.51 million missed the analyst consensus estimate of $2.15 million by 29.72 percent, marking a 46.02 percent decrease from the same period last year.
August 14, 2023 | 8:41 pm
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Barfresh Food Group's Q2 earnings were in line with expectations, but sales significantly missed estimates, down 46.02% YoY.
Barfresh Food Group's earnings per share met expectations, which is a positive sign. However, the significant miss on sales, which were down 46.02% compared to the same period last year, is a major concern. This could negatively impact investor sentiment and put downward pressure on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100