CORRECTION: Groupon Q2 2024 Adj EPS $(0.25) Beats $0.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
Groupon reported its Q2 2024 adjusted EPS at $(0.25), which beat the estimate of $0.02.
July 30, 2024 | 8:37 pm
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POSITIVE IMPACT
Groupon reported its Q2 2024 adjusted EPS at $(0.25), which beat the estimate of $0.02. This unexpected result could lead to a positive short-term impact on the stock price as it shows better-than-expected performance.
Despite reporting a negative EPS, Groupon's result was significantly better than the market estimate. This could be interpreted positively by investors, leading to a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100