Oxford Industries Q2 Adj EPS $3.45 Beats $3.40 Estimate, Sales $420.30M Miss $424.27M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oxford Industries reported Q2 adjusted earnings of $3.45 per share, beating the analyst consensus estimate of $3.40 by 1.47%. However, the company's quarterly sales of $420.30 million missed the analyst consensus estimate of $424.27 million by 0.94%. This represents a 4.43% decrease in earnings and a 15.65% increase in sales compared to the same period last year.
August 31, 2023 | 8:18 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Oxford Industries' Q2 earnings beat estimates but sales missed, indicating mixed performance.
Oxford Industries' earnings beat could potentially boost investor confidence, but the sales miss might offset this positive sentiment. The mixed results make it difficult to predict the short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100