Buckle Q2 EPS $0.92 Beats $0.81 Estimate, Sales $292.43M Beat $290.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Buckle (NYSE:BKE) reported Q2 earnings of $0.92 per share, beating the analyst consensus estimate of $0.81 by 13.58%. However, this is a 8.91% decrease from the same period last year. The company also reported quarterly sales of $292.43 million, beating the estimate of $290.36 million by 0.71%, but this is a 3.16% decrease from last year.
August 18, 2023 | 10:51 am
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NEUTRAL IMPACT
Buckle's Q2 earnings and sales beat estimates but are lower than the same period last year. This mixed result could lead to uncertain market reactions.
Buckle's earnings and sales beat estimates, which is generally positive for the stock. However, the YoY decrease in both earnings and sales could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100