Better Choice Co. Sees Preliminary Q2 2024 EPS Of $2.98; Estimates $2.7M Of Net Income; Estimates Halo Breaks Even At $200K Adj. EBITDA For First Half 2024
Portfolio Pulse from Benzinga Newsdesk
Better Choice Company Inc. (NYSE: BTTR) announced preliminary financial metrics for Q2 2024, including an estimated EPS of $2.98 and net income of $2.7 million, representing significant YOY growth. Halo, the company's premium pet food asset, is expected to break even with $0.02 million in adjusted EBITDA for the first half of 2024.
August 02, 2024 | 12:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Better Choice Company Inc. (NYSE: BTTR) announced preliminary Q2 2024 results with an estimated EPS of $2.98 and net income of $2.7 million, showing significant year-over-year growth. Halo, the company's premium pet food asset, is expected to break even with $0.02 million in adjusted EBITDA for the first half of 2024.
The significant year-over-year growth in EPS and net income, along with Halo breaking even, indicates strong business performance. This is likely to positively impact BTTR's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100