BT Brands Q2 EPS $(0.04) Down From $(0.01) YoY, Sales $4.00M Up From $3.52M YoY
Portfolio Pulse from Benzinga Newsdesk
BT Brands (NASDAQ:BTBD) reported Q2 losses of $(0.06) per share, a 500% decrease YoY. However, the company's sales increased by 13.47% to $4.00 million compared to $3.52 million in the same period last year.
August 16, 2023 | 5:29 pm
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NEUTRAL IMPACT
BT Brands reported a significant increase in losses per share in Q2, but also an increase in sales. This mixed result could lead to uncertainty among investors.
The significant increase in losses per share is a negative signal for investors, which could put downward pressure on the stock. However, the increase in sales is a positive signal, which could counterbalance the negative impact. The net effect is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100