Martin Midstream Partners Q2 2024 GAAP EPS $0.09 Beats $0.08 Estimate, Sales $184.531M Miss $193.906M Estimate
Portfolio Pulse from Benzinga Newsdesk
Martin Midstream Partners (NASDAQ:MMLP) reported Q2 2024 GAAP EPS of $0.09, beating the estimate of $0.08, but sales of $184.531M missed the $193.906M estimate. Sales decreased by 5.68% compared to the same period last year.

July 17, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Martin Midstream Partners reported Q2 2024 GAAP EPS of $0.09, beating the estimate of $0.08, but sales of $184.531M missed the $193.906M estimate. Sales decreased by 5.68% compared to the same period last year.
While the EPS beat the estimate, the miss on sales and the year-over-year decline in sales may offset the positive impact of the EPS beat. This mixed result is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100