Polished.com Q2 EPS $0.01 Misses $0.03 Estimate, Sales $87.80M Miss $136.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Polished.com (AMEX:POL) reported Q2 earnings of $0.01 per share, missing the analyst consensus estimate of $0.03 by 66.67%. The company also reported quarterly sales of $87.80 million, missing the analyst consensus estimate of $136.70 million by 35.77%. However, these figures represent increases over the same period last year.

August 14, 2023 | 9:03 pm
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NEGATIVE IMPACT
Polished.com's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
Polished.com's earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100