Fresenius Medical Care Q2 2024 Adj. EPS €0.35 Beats €0.34 Estimate, Sales €4.766B Miss €4.812B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fresenius Medical Care reported Q2 2024 adjusted EPS of €0.35, beating the estimate of €0.34. However, sales were €4.766 billion, missing the estimate of €4.812 billion.
July 30, 2024 | 8:24 am
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Fresenius Medical Care's Q2 2024 adjusted EPS of €0.35 beat the estimate of €0.34, but sales of €4.766 billion missed the estimate of €4.812 billion. This mixed result may lead to short-term volatility in the stock price.
The mixed earnings report, with EPS beating expectations but sales missing, suggests that while the company is managing costs effectively, it is facing challenges in revenue generation. This could lead to short-term volatility as investors digest the mixed signals.
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