BlueLinx Hldgs Q2 2024 Adj. EPS $1.68 Misses $1.75 Estimate, Sales $768.363M Miss $774.993M Estimate
Portfolio Pulse from Benzinga Newsdesk
BlueLinx Holdings (NYSE:BXC) reported Q2 2024 adjusted EPS of $1.68, missing the analyst estimate of $1.75. Sales were $768.363M, also missing the $774.993M estimate and down 5.83% from the same period last year.
July 30, 2024 | 8:33 pm
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BlueLinx Holdings reported Q2 2024 earnings and sales that missed analyst estimates. EPS was $1.68, below the $1.75 estimate, and sales were $768.363M, below the $774.993M estimate and down 5.83% YoY.
The earnings and sales misses, along with a year-over-year decline in sales, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100