Reported Late Monday, Cementos Pacasmayo Q2 EPS S/0.09 Down From S/0.10 YoY; Sales S/457.1M Up From S/442M YoY
Portfolio Pulse from Benzinga Newsdesk
Cementos Pacasmayo reported its Q2 earnings with an EPS of S/0.09, down from S/0.10 year-over-year. However, sales increased to S/457.1M from S/442M YoY.
July 23, 2024 | 5:50 am
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NEUTRAL IMPACT
Cementos Pacasmayo's Q2 earnings report shows a slight decline in EPS to S/0.09 from S/0.10 YoY, but an increase in sales to S/457.1M from S/442M. This mixed result may lead to short-term volatility in the stock price.
The decline in EPS might concern investors, but the increase in sales could be seen as a positive sign. The mixed results are likely to cause short-term volatility as the market digests the news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100