Twin Disc Q2 EPS $0.07 Down From $0.08 YoY, Sales $72.99M Beat $68.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Twin Disc reported a decrease in Q2 EPS to $0.07 from $0.08 YoY, but sales increased to $72.99M, beating the $68.90M estimate, a 15.22% increase from last year.

February 07, 2024 | 1:03 pm
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Twin Disc's Q2 EPS decreased to $0.07 from $0.08 YoY, but sales rose to $72.99M, beating estimates by 5.94% and marking a 15.22% increase from last year.
The decrease in EPS might concern some investors, indicating potential profitability issues. However, the significant increase in sales and beating sales estimates could offset concerns, suggesting growth and operational success. The mixed results lead to a neutral short-term impact expectation, as positive sales performance may balance out the negative perception from the decreased EPS.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100