WD-40 Q2 2024 GAAP EPS $1.14 Beats $1.13 Estimate, Sales $139.100M Miss $140.508M Estimate
Portfolio Pulse from Benzinga Newsdesk
WD-40 reported Q2 2024 earnings of $1.14 per share, slightly above the $1.13 estimate, but sales of $139.1M fell short of the $140.508M estimate, marking a 6.84% increase from the previous year.
April 09, 2024 | 8:07 pm
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WD-40's Q2 2024 earnings per share exceeded expectations, but sales missed estimates, showing a 6.84% year-over-year growth.
The slight beat in EPS may be viewed positively, but the miss in sales could concern investors about growth prospects. The year-over-year sales increase indicates resilience, balancing the short-term impact.
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RELEVANCE 100