DLH Hldgs Q2 2024 GAAP EPS $0.12 Misses $0.13 Estimate, Sales $101.007M Beat $99.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
DLH Holdings (NASDAQ:DLHC) reported Q2 2024 earnings of $0.12 per share, missing the consensus estimate of $0.13 by 7.69%. However, their quarterly sales of $101.007M exceeded the estimate of $99.000M by 2.03%, marking a 1.60% increase from the previous year.

May 01, 2024 | 10:25 pm
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DLH Holdings reported a mixed Q2 2024 with earnings missing estimates but sales exceeding expectations.
The miss in earnings per share (EPS) could negatively impact investor sentiment in the short term, potentially putting downward pressure on DLHC's stock price. However, the beat on sales forecasts and the year-over-year growth in both earnings and sales could counterbalance the negative impact of the EPS miss, suggesting a neutral short-term impact on the stock price. The analysis is based on the mixed financial performance and the typical market reaction to earnings reports.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100