Lifevantage Q2 Adj EPS $0.10 Beats $0.04 Estimate, Sales $51.62M Miss $54.65M Estimate
Portfolio Pulse from totan@benzinga.com
Lifevantage Corp (NASDAQ:LFVN) reported Q2 adjusted EPS of $0.10, surpassing the $0.04 estimate, a significant increase from a $(0.07) loss per share in the prior year. However, sales of $51.62M fell short of the expected $54.65M, marking a 3.80% decline from the previous year's sales.
January 30, 2024 | 9:21 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lifevantage reported a strong Q2 EPS of $0.10, beating estimates by 150%, but sales missed estimates by 5.54%, indicating mixed financial performance.
The positive earnings surprise could lead to a short-term positive sentiment, as the EPS beat is substantial. However, the miss on revenue estimates and the year-over-year sales decline may temper investor enthusiasm, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100