Great Elm Capital Q2 2024 GAAP EPS $0.32 Misses $0.34 Estimate, Sales $9.548M Miss $9.685M Estimate
Portfolio Pulse from Benzinga Newsdesk
Great Elm Capital (NASDAQ:GECC) reported Q2 2024 earnings per share of $0.32, missing the analyst estimate of $0.34. The company also reported sales of $9.548 million, which fell short of the $9.685 million estimate. Despite the misses, sales increased by 6.36% compared to the same period last year.
August 01, 2024 | 9:01 pm
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Great Elm Capital reported Q2 2024 earnings per share of $0.32, missing the analyst estimate of $0.34. Sales were $9.548 million, below the $9.685 million estimate but up 6.36% year-over-year.
The earnings and sales misses are likely to negatively impact the stock price in the short term, despite the year-over-year sales growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100