Phreesia Q2 EPS $(0.68) Misses $(0.42) Estimate, Sales $85.83M Beat $85.22M Estimate
Portfolio Pulse from Happy Mohamed
Phreesia (NYSE:PHR) reported Q2 losses of $(0.68) per share, missing the analyst consensus estimate of $(0.42) by 61.9%. However, the company's quarterly sales of $85.83 million beat the estimate of $85.22 million by 0.72%. This represents a 26.47% increase over sales from the same period last year.
September 06, 2023 | 8:06 pm
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Phreesia's Q2 earnings per share missed estimates, but sales exceeded expectations.
Phreesia's earnings per share missed the analyst consensus, which could negatively impact investor sentiment and the stock price. However, the company's sales beat estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100