Nuveen Churchill Direct Q2 EPS $0.57, Inline, Sales $55.09M Beat $54.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nuveen Churchill Direct (NYSE:NCDL) reported Q2 earnings per share of $0.57, meeting analyst expectations, and sales of $55.09 million, beating estimates by 1.15%. EPS decreased by 6.56% year-over-year, while sales increased by 48.48%.
August 07, 2024 | 10:43 am
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Nuveen Churchill Direct reported Q2 EPS of $0.57, in line with expectations, and sales of $55.09M, beating estimates by 1.15%. EPS decreased by 6.56% YoY, while sales increased by 48.48%.
The earnings per share met expectations, which is neutral, but the significant increase in sales and beating revenue estimates by 1.15% is positive. The YoY decrease in EPS is a slight negative but is outweighed by the strong sales growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100