Tremor Intl Q2 Adj. EPS $0.12 Misses $0.17 Estimate, Sales $84.25M Miss $95.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tremor Intl (NASDAQ:TRMR) reported Q2 adjusted earnings of $0.06 per share, missing the analyst consensus estimate of $0.17 by 64.71%. This is a 62.5% decrease from the same period last year. The company also reported quarterly sales of $84.20 million, missing the analyst consensus estimate of $95.98 million by 12.27%. However, this is an 11.04% increase from the same period last year.
August 17, 2023 | 10:32 am
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NEGATIVE IMPACT
Tremor Intl's Q2 earnings and sales missed estimates, with a significant decrease in earnings YoY. However, sales have increased YoY.
Tremor Intl's Q2 earnings significantly missed estimates and decreased from the same period last year, which could negatively impact the stock price. However, the increase in sales YoY could potentially offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100