MultiPlan Q2 2024 GAAP EPS $(0.89) Down From $(0.06) YoY, Sales $233.476 Miss $245.804M Estimate
Portfolio Pulse from Benzinga Newsdesk
MultiPlan reported a Q2 2024 GAAP EPS of $(0.89), a significant decline from $(0.06) year-over-year. Sales were $233.476 million, missing the $245.804 million estimate.
August 01, 2024 | 10:07 am
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MultiPlan's Q2 2024 earnings report shows a significant decline in GAAP EPS to $(0.89) from $(0.06) YoY, and sales of $233.476 million, missing the $245.804 million estimate.
The significant decline in GAAP EPS and the miss on sales estimates are likely to negatively impact MultiPlan's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100