BrightView Hldgs Q2 2024 Adj EPS $0.11 Beats $0.07 Estimate, Sales $672.900M Miss $683.797M Estimate
Portfolio Pulse from Benzinga Newsdesk
BrightView Holdings (NYSE:BV) reported Q2 2024 adjusted EPS of $0.11, surpassing the $0.07 estimate, marking a 257.14% increase from the previous year. However, their sales of $672.9M fell short of the $683.797M estimate, a 1.59% miss, though it represents a 3.46% increase from the previous year.

May 01, 2024 | 8:54 pm
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BrightView Holdings reported a significant earnings beat but missed on sales forecasts for Q2 2024.
The substantial beat on the EPS estimate, showing a significant improvement from the previous year's loss, is likely to be viewed positively by investors, potentially leading to a short-term uptick in BV's stock price. However, the miss on sales estimates could temper some of the positive sentiment, suggesting a mixed but overall positive short-term impact.
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