Beyond Q2 Sales $398.104M Beat $381.965M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beyond (NYSE:BYON) reported Q2 sales of $398.104 million, beating the analyst consensus estimate of $381.965 million by 4.23%. However, this represents a 5.71% decrease from the same period last year.
July 29, 2024 | 8:49 pm
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Beyond (NYSE:BYON) reported Q2 sales of $398.104 million, beating the analyst consensus estimate of $381.965 million by 4.23%. However, this represents a 5.71% decrease from the same period last year.
The positive earnings surprise is likely to boost investor sentiment in the short term, despite the year-over-year decline in sales. Beating analyst estimates often leads to a positive stock price reaction.
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