American Woodmark: Q2 Earnings Insights
Portfolio Pulse from Benzinga Insights
American Woodmark (NASDAQ:AMWD) reported Q2 earnings with an EPS of $2.36, beating estimates by 13.46% but with a revenue decline from the previous year. Last quarter's EPS beat led to a 3.5% share price increase the next day. Historical earnings and revenue figures were also provided.
November 30, 2023 | 9:30 pm
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American Woodmark reported a higher-than-expected Q2 EPS of $2.36, which could lead to a positive short-term impact on its stock price, similar to the last quarter's 3.5% increase following an EPS beat.
American Woodmark's EPS beat expectations, which historically has led to a positive reaction in the stock price the following day. However, the decline in revenue could temper some of the positive sentiment.
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