Cimpress Q2 EPS $2.14 Beats $1.24 Estimate, Sales $921.36M Beat $892.10M Estimate
Portfolio Pulse from mahesh@benzinga.com
Cimpress reported Q2 earnings of $2.14 per share, surpassing the $1.24 estimate by 72.58%, and a significant improvement from last year's $5.34 loss per share. Sales reached $921.36M, exceeding estimates by 3.28% and marking a 9.01% increase from the previous year.
January 31, 2024 | 9:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cimpress's Q2 earnings and sales exceeded analyst estimates, with a significant year-over-year improvement, indicating strong financial performance.
The substantial beat on both earnings per share and sales compared to analyst estimates, coupled with a strong year-over-year growth, is likely to instill investor confidence and could lead to a short-term positive impact on Cimpress's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100