LiveWire Gr Q2 2024 GAAP EPS $(0.12) Up From $(0.20) YoY, Sales $6.449M Miss $12.940M Estimate
Portfolio Pulse from Benzinga Newsdesk
LiveWire Group reported its Q2 2024 GAAP EPS at $(0.12), an improvement from $(0.20) year-over-year. However, sales were $6.449 million, missing the $12.940 million estimate.
July 25, 2024 | 10:53 am
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LiveWire Group's Q2 2024 GAAP EPS improved to $(0.12) from $(0.20) YoY, but sales of $6.449 million missed the $12.940 million estimate.
While LiveWire Group showed an improvement in EPS, the significant miss in sales compared to estimates is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100