Cohen & Co Q2 Adj $(1.51) Down From $(0.30) YoY, Sales $10.80M Down From $22.57M YoY
Portfolio Pulse from Benzinga Newsdesk
Cohen & Co (AMEX:COHN) reported a significant decline in its Q2 financial performance, with a 403.33% increase in losses per share and a 52.16% decrease in sales compared to the same period last year.
August 05, 2024 | 12:08 pm
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NEGATIVE IMPACT
Cohen & Co reported a significant decline in Q2 financial performance, with losses per share increasing by 403.33% and sales decreasing by 52.16% year-over-year.
The substantial increase in losses per share and significant drop in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100