GEN Restaurant Gr Q2 2024 GAAP EPS $0.06 Beats $0.03 Estimate, Sales $53.860M Beat $51.625M Estimate
Portfolio Pulse from Benzinga Newsdesk
GEN Restaurant Gr (NASDAQ:GENK) reported Q2 2024 GAAP EPS of $0.06, beating the $0.03 estimate. Sales were $53.860M, surpassing the $51.625M estimate and showing a 15.90% increase from last year's $46.473M.
July 31, 2024 | 8:59 pm
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GEN Restaurant Gr (NASDAQ:GENK) reported Q2 2024 GAAP EPS of $0.06, beating the $0.03 estimate. Sales were $53.860M, surpassing the $51.625M estimate and showing a 15.90% increase from last year's $46.473M.
GEN Restaurant Gr's earnings and sales both exceeded analyst estimates, indicating strong financial performance. The significant year-over-year sales growth further supports a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100