Xponential Fitness shares are trading lower after the company reported worse-than-expected Q2 revenue results. Also, the company reported a year-over-year decrease in Q2 adjusted EPS results.
Portfolio Pulse from Benzinga Newsdesk
Xponential Fitness shares are trading lower after the company reported worse-than-expected Q2 revenue results and a year-over-year decrease in Q2 adjusted EPS results.
August 01, 2024 | 9:15 pm
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NEGATIVE IMPACT
Xponential Fitness reported worse-than-expected Q2 revenue results and a year-over-year decrease in Q2 adjusted EPS, leading to a decline in its share price.
The company's disappointing Q2 revenue and decreased adjusted EPS are significant negative indicators, likely causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100