Natural Resources Q2 EPS $2.29 Down From $2.49 YoY, Sales $65.54M Down From $91.26M YoY
Portfolio Pulse from Benzinga Newsdesk
Natural Resources (NYSE:NRP) reported a decrease in Q2 earnings per share (EPS) to $2.29 from $2.49 YoY, and a decline in sales to $65.54 million from $91.26 million YoY.
August 07, 2024 | 11:00 am
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Natural Resources (NYSE:NRP) reported a significant decline in both earnings per share (EPS) and sales for Q2. EPS decreased by 8.03% to $2.29, and sales dropped by 28.18% to $65.54 million compared to the same period last year.
The significant decline in both EPS and sales indicates potential challenges for Natural Resources. The 8.03% drop in EPS and 28.18% drop in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100