Centuri Holdings Q2 2024 Adj EPS $0.20 Misses $0.22 Estimate, Sales $672.075M Miss $760.424M Estimate
Portfolio Pulse from Benzinga Newsdesk
Centuri Holdings (NYSE:CTRI) reported Q2 2024 earnings per share of $0.20, missing the analyst estimate of $0.22. The company also reported sales of $672.075 million, falling short of the $760.424 million estimate and marking a 16.59% decrease from the same period last year.
July 29, 2024 | 12:14 pm
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Centuri Holdings reported Q2 2024 earnings per share of $0.20, missing the analyst estimate of $0.22. The company also reported sales of $672.075 million, falling short of the $760.424 million estimate and marking a 16.59% decrease from the same period last year.
The earnings and sales figures both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The significant year-over-year decrease in sales further adds to the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100