Codere Online Luxembourg Q2 Sales $40.27M Beat $35.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Codere Online Luxembourg (NASDAQ:CDRO) reported Q2 sales of $40.27 million, beating the analyst consensus estimate of $35.76 million by 12.61 percent. This represents a 37.90 percent increase over sales of $29.20 million in the same period last year.
August 31, 2023 | 11:04 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Codere Online Luxembourg's Q2 sales surpassed estimates by 12.61% and increased 37.90% YoY. This positive financial performance could potentially boost investor confidence and the stock price in the short term.
Codere Online Luxembourg's Q2 sales exceeded analyst expectations and showed significant YoY growth. This strong financial performance could potentially increase investor confidence in the company, leading to increased demand for the stock and a potential rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100