Burford Capital Q2 EPS $(0.10) Up From $(0.23) YoY, Sales $44.55M Down From $47.49M YoY
Portfolio Pulse from Benzinga Newsdesk
Burford Capital reported Q2 losses of $(0.10) per share, a 56.52% increase from $(0.23) per share YoY. Sales were reported at $44.55M, a 6.19% decrease from $47.49M YoY.
September 13, 2023 | 11:04 am
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NEUTRAL IMPACT
Burford Capital's Q2 earnings show an improvement in losses but a decrease in sales YoY.
While Burford Capital has managed to reduce its losses compared to the same period last year, the decrease in sales could be a concern for investors. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100