MISTRAS Group Q2 Earnings Assessment
Portfolio Pulse from Benzinga Insights
MISTRAS Group (NYSE:MG) reported Q2 earnings that significantly beat estimates, with an EPS of $0.21 versus the expected $0.13, and revenue up $13.74 million from the same period last year. This strong performance is likely to positively impact the stock price in the short term.
August 02, 2024 | 10:00 am
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MISTRAS Group reported Q2 earnings that beat estimates by 62%, with an EPS of $0.21 versus the expected $0.13. Revenue increased by $13.74 million from the same period last year.
The significant earnings beat and revenue increase are strong indicators of positive financial health, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100