CORRECTION: Super Group (SGHC) Q2 EPS $0.06 Beats $0.02 Estimate, Sales $415.03M Beat $383.05M Estimate
Portfolio Pulse from Happy Mohamed
Super Group (SGHC) reported Q2 earnings of $0.06 per share, beating the analyst consensus estimate of $0.02 by 200%. However, this is a 90.63% decrease from the same period last year. The company also reported quarterly sales of $415.03 million, beating the estimate of $383.05 million by 8.35%, and marking a 21.38% increase from last year.
August 17, 2023 | 1:52 pm
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NEUTRAL IMPACT
Super Group's Q2 earnings and sales beat estimates, but earnings are down significantly YoY. This mixed result could lead to uncertain market reactions.
While Super Group beat Q2 estimates for both earnings and sales, the significant YoY decrease in earnings could be a concern for investors. This mixed result may lead to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100