Star Group Q2 EPS $1.56 Up From $1.42 YoY, Sales $666.03M Down From $737.62M YoY
Portfolio Pulse from Benzinga Newsdesk
Star Group reported a Q2 EPS of $1.56, up 9.86% from $1.42 YoY, but sales decreased 9.70% to $666.03M from $737.62M YoY.
May 01, 2024 | 9:37 pm
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Star Group's Q2 EPS increased to $1.56 from $1.42 YoY, but sales fell to $666.03M from $737.62M YoY.
The increase in EPS indicates improved profitability, which could be positive for the stock. However, the decrease in sales suggests potential challenges in revenue growth, creating a mixed impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100