Bain Capital Specialty Q2 2024 GAAP EPS $0.51, Inline, Sales $72.271M Miss $75.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bain Capital Specialty (NYSE:BCSF) reported Q2 2024 GAAP EPS of $0.51, meeting analyst expectations. However, the company missed sales estimates, reporting $72.271 million against the expected $75.000 million, a 3.64% shortfall and a 4.55% decrease from the same period last year.
August 06, 2024 | 9:39 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bain Capital Specialty (NYSE:BCSF) reported Q2 2024 GAAP EPS of $0.51, meeting analyst expectations. However, the company missed sales estimates, reporting $72.271 million against the expected $75.000 million, a 3.64% shortfall and a 4.55% decrease from the same period last year.
While Bain Capital Specialty met EPS expectations, the miss on sales estimates and the year-over-year decline in revenue are likely to negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100