Boston Omaha Q2 EPS $0.05 Beats $(0.03) Estimate, Sales $24.22M Beat $23.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boston Omaha (NYSE:BOC) reported Q2 earnings of $0.05 per share, beating the analyst consensus estimate of $(0.03) by 266.67%. This is a 112.82% increase over losses of $(0.39) per share from the same period last year. The company also reported quarterly sales of $24.22 million, beating the analyst consensus estimate of $23.35 million by 3.71%. This is a 15.89% increase over sales of $20.89 million the same period last year.
August 14, 2023 | 9:17 pm
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POSITIVE IMPACT
Boston Omaha's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Boston Omaha's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term. The significant increase in earnings and sales compared to the same period last year further strengthens this potential impact.
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IMPORTANCE 80
RELEVANCE 100