PagSeguro Digital Q2 EPS $0.24 Misses $0.26 Estimate, Sales $772.92M Miss $802.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
PagSeguro Digital (NYSE:PAGS) reported Q2 earnings of $0.24 per share, missing the analyst consensus estimate of $0.26 by 7.69%. This is a 4% decrease from the same period last year. The company also reported quarterly sales of $772.92M, missing the analyst consensus estimate of $802.00M by 3.63%. This is a 3.04% decrease from the same period last year.
August 24, 2023 | 8:35 pm
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NEGATIVE IMPACT
PagSeguro Digital's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
PagSeguro Digital reported lower than expected earnings and sales for Q2. This miss could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100