Bon Natural Life H1 EPS $0.24 Down From $0.30 YoY, Sales $14.10M Up From $13.69M YoY
Portfolio Pulse from Benzinga Newsdesk
Bon Natural Life (NASDAQ:BON) reported a decrease in H1 earnings per share (EPS) from $0.30 YoY to $0.24, a 20% decrease. However, the company's sales increased by 3.01% to $14.10 million from $13.69 million YoY.
September 11, 2023 | 3:39 pm
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NEGATIVE IMPACT
Bon Natural Life's H1 earnings per share decreased by 20% YoY, while sales increased by 3.01%.
The decrease in earnings per share indicates a decrease in profitability, which could negatively impact the stock price. However, the increase in sales could offset this negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100