Kamada Q2 EPS $0.04 Beats $0.02 Estimate, Sales $37.44M Beat $34.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kamada (NASDAQ:KMDA) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. This is a 144.44% increase over losses of $(0.09) per share from the same period last year. The company also reported quarterly sales of $37.44 million, beating the analyst consensus estimate of $34.17 million by 9.58%. This is a 58.72% increase over sales of $23.59 million the same period last year.
August 16, 2023 | 11:09 am
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POSITIVE IMPACT
Kamada'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 price.
Kamada's Q2 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This positive financial news is likely to increase investor confidence and could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100