Nomad Foods Q2 Adj $0.47 Beats $0.45 Estimate, Sales $810.79M Miss $817.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nomad Foods (NYSE:NOMD) reported Q2 earnings of $0.47 per share, beating the analyst estimate of $0.45. However, sales of $810.79 million missed the $817.46 million estimate.
August 07, 2024 | 10:52 am
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Nomad Foods reported Q2 earnings of $0.47 per share, beating the analyst estimate of $0.45. However, sales of $810.79 million missed the $817.46 million estimate.
While Nomad Foods beat earnings estimates, the miss on sales could create mixed sentiment among investors. The earnings beat shows operational efficiency, but the sales miss might raise concerns about revenue growth.
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