Yatra Online: Q2 Earnings Insights
Portfolio Pulse from Benzinga Insights
Yatra Online (NASDAQ:YTRA) reported Q2 earnings with an EPS of $-0.03, which was in line with estimates. However, revenue decreased by $7.22 million compared to the same period last year. The company's past earnings performance shows variability in EPS and revenue, with a notable drop in share price following the last quarter's earnings beat.
November 17, 2023 | 12:40 pm
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Yatra Online reported Q2 earnings with an EPS of $-0.03, meeting estimates, but saw a year-over-year revenue decline of $7.22 million. Historical data suggests potential share price volatility post-earnings.
Yatra Online's earnings report showed no surprises in EPS, aligning with analyst estimates, which typically leads to a neutral market reaction. However, the decline in revenue could concern investors, potentially offsetting the neutral EPS impact. Historical performance indicates that even with an earnings beat, the stock experienced a drop, suggesting that the market may react negatively to mixed results. The score is neutral due to the in-line EPS, but the importance is high given the revenue decline and past market reactions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100