Duckhorn Portfolio Q2 2024 GAAP EPS $0.180, Inline, Sales $103.045M Miss $106.179M Estimate
Portfolio Pulse from Benzinga Newsdesk
Duckhorn Portfolio (NYSE:NAPA) reported Q2 2024 earnings per share of $0.180, meeting analyst estimates but unchanged from the previous year. Quarterly sales were $103.045 million, missing the $106.179 million estimate by 2.95% and marking a 0.43% decrease from the previous year.
March 07, 2024 | 9:32 pm
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Duckhorn Portfolio's Q2 2024 earnings per share met analyst expectations at $0.180, with sales slightly missing estimates at $103.045 million, a 2.95% miss and a 0.43% decrease YOY.
Meeting EPS estimates while slightly missing on sales could lead to a neutral short-term impact on NAPA's stock price. The sales miss is modest and the EPS performance is stable, suggesting a balanced view from investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100