Core Molding Technologies Q2 2024 GAAP EPS $0.73 Beats $0.42 Estimate, Sales $88.743M Beat $78.750M Estimate
Portfolio Pulse from Benzinga Newsdesk
Core Molding Technologies reported Q2 2024 GAAP EPS of $0.73, surpassing the estimate of $0.42. Sales reached $88.743 million, exceeding the expected $78.750 million.
August 06, 2024 | 12:01 pm
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Core Molding Technologies reported strong Q2 2024 results with GAAP EPS of $0.73, beating the estimate of $0.42, and sales of $88.743 million, exceeding the $78.750 million estimate.
The significant beat on both EPS and sales estimates indicates strong financial performance, likely leading to a positive short-term impact on CMT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100