Energy Servs of America Q2 2024 GAAP EPS $(0.07) Misses $0.09 Estimate, Sales $71.100M Miss $73.401M Estimate
Portfolio Pulse from Benzinga Newsdesk
Energy Servs of America (ESOA) reported Q2 2024 GAAP EPS of $(0.07), missing the $0.09 estimate, with sales of $71.100M also missing the $73.401M estimate. This represents a 32.47% increase over the same period last year.
May 08, 2024 | 10:35 pm
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NEGATIVE IMPACT
Energy Servs of America reported a significant miss in both EPS and sales estimates for Q2 2024, but showed a notable year-over-year sales increase.
Missing both EPS and sales estimates typically has a negative short-term impact on a company's stock price. However, the significant year-over-year sales growth may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100