GEE Group Q2 Sales $28.050M Miss $33.867M Estimate
Portfolio Pulse from Benzinga Newsdesk
GEE Group (AMEX:JOB) reported Q2 sales of $28.050 million, missing the analyst consensus estimate of $33.867 million by 17.18%. This represents a 27.82% decrease from the same period last year.
May 15, 2024 | 9:13 pm
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NEGATIVE IMPACT
GEE Group reported Q2 sales of $28.050 million, missing the analyst consensus estimate by 17.18% and showing a 27.82% decrease from the same period last year.
The significant miss on sales estimates and the substantial year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100