Procaps Gr Q2 Sales $110.00M Miss $112.40M Estimate
Portfolio Pulse from Happy Mohamed
Procaps Gr (NASDAQ:PROC) reported Q2 sales of $110.00 million, missing the analyst consensus estimate of $112.40 million by 2.14 percent. This represents a 2.15 percent decrease from the same period last year.
September 05, 2023 | 12:26 pm
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Procaps Gr's Q2 sales missed the analyst consensus estimate by 2.14 percent, indicating a potential negative impact on the stock.
Procaps Gr's Q2 sales fell short of analyst estimates, which could lead to a negative market reaction and potentially lower the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100