OFS Capital Q2 2024 GAAP EPS $0.26 Misses $0.29 Estimate, Sales $11.165M Miss $11.740M Estimate
Portfolio Pulse from Benzinga Newsdesk
OFS Capital (NASDAQ:OFS) reported Q2 2024 earnings per share (EPS) of $0.26, missing the analyst consensus estimate of $0.29 by 10.34%. The company's sales were $11.165 million, also missing the estimate of $11.740 million by 4.90%. Both EPS and sales showed significant declines compared to the same period last year.
August 01, 2024 | 9:14 pm
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OFS Capital reported Q2 2024 EPS of $0.26, missing the $0.29 estimate by 10.34%. Sales were $11.165M, missing the $11.740M estimate by 4.90%. Both metrics showed significant YoY declines.
The earnings and sales misses, along with significant year-over-year declines, are likely to negatively impact OFS Capital's stock price in the short term. Investors may react to the underperformance compared to analyst expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100