CORRECTION: 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 earnings of $0.12 per share, missing the analyst consensus estimate of $0.17 by 29.41%. This is a 25% decrease from the same period last year. The company also reported quarterly sales of $84.25 million, missing the analyst consensus estimate of $95.98 million by 12.23%. However, this is an 11.10% increase from the same period last year.
August 17, 2023 | 11:11 am
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NEGATIVE IMPACT
Tremor Intl's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Tremor Intl's Q2 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