Park Aerospace Q2 Adj $0.09, Same YoY, Sales $12.48M Down From $13.88M YoY
Portfolio Pulse from Benzinga Newsdesk
Park Aerospace (NYSE:PKE) reported Q2 earnings of $0.09 per share, unchanged from the same period last year. However, sales decreased by 10.05% to $12.48 million from $13.88 million YoY.
October 05, 2023 | 8:13 pm
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NEGATIVE IMPACT
Park Aerospace's Q2 earnings remained steady, but sales decreased by 10.05% YoY. This could potentially impact the company's stock price.
While Park Aerospace's earnings remained steady, a significant decrease in sales could be a cause for concern for investors. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100