Rocky Brands Q2 2024 Adj. EPS $0.17 Beats $0.10 Estimate, Sales $98.258M Beat $96.450M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rocky Brands (NASDAQ:RCKY) reported Q2 2024 adjusted EPS of $0.17, beating the estimate of $0.10 by 70%. Sales were $98.258M, surpassing the $96.450M estimate but down 1.57% from last year's $99.822M.
July 30, 2024 | 8:11 pm
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Rocky Brands reported Q2 2024 adjusted EPS of $0.17, beating the estimate of $0.10 by 70%. Sales were $98.258M, surpassing the $96.450M estimate but down 1.57% from last year's $99.822M.
The significant EPS beat and sales surpassing estimates are positive indicators for the stock. However, the slight year-over-year sales decline may temper some enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100