The One Group Hospitality Q2 2024 Adj. EPS $0.08 Beats $0.07 Estimate, Sales $172.494M Miss $178.341M Estimate
Portfolio Pulse from Benzinga Newsdesk
The One Group Hospitality (NASDAQ:STKS) reported Q2 2024 adjusted EPS of $0.08, beating the estimate of $0.07. However, sales of $172.494M missed the $178.341M estimate. EPS increased by 33.33% year-over-year, while sales grew by 106.84%.
August 06, 2024 | 9:16 pm
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The One Group Hospitality (NASDAQ:STKS) reported Q2 2024 adjusted EPS of $0.08, beating the estimate of $0.07. However, sales of $172.494M missed the $178.341M estimate. EPS increased by 33.33% year-over-year, while sales grew by 106.84%.
While the EPS beat the estimate and showed significant year-over-year growth, the sales miss could weigh on investor sentiment. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100