J.Jill Q2 Adj. EPS $1.10 Beats $0.80 Estimate, Sales $155.70M Beat $152.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
J.Jill (NYSE:JILL) reported Q2 adjusted earnings of $1.10 per share, beating the analyst consensus estimate of $0.80 by 37.5%. However, this is a 11.29% decrease from the same period last year. The company also reported quarterly sales of $155.70 million, beating the estimate of $152.40 million by 2.17%, but this is a 2.90% decrease from the same period last year.
August 31, 2023 | 10:47 am
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NEUTRAL IMPACT
J.Jill'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.
While J.Jill beat the estimates for both earnings and sales, the fact that these figures are lower than the same period last year could lead to mixed reactions from investors. This could result in a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100