Golden Heaven Group Hldgs H1 EPS $0.05 Down From $0.15 YoY, Sales $13.82M Down From $20.06M YoY
Portfolio Pulse from Benzinga Newsdesk
Golden Heaven Group Holdings (NASDAQ: GDHG) reported a significant decline in its H1 earnings and sales. EPS dropped by 66.67% to $0.05 from $0.15 YoY, and sales fell by 31.09% to $13.82 million from $20.06 million YoY.
July 30, 2024 | 8:52 pm
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Golden Heaven Group Holdings reported a 66.67% decrease in H1 EPS to $0.05 and a 31.09% decline in sales to $13.82 million YoY. This significant drop in both earnings and sales is likely to negatively impact the stock price in the short term.
The substantial decline in both earnings per share and sales indicates a weakening financial performance, which is likely to lead to a negative market reaction and a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100