Nayax Q2 2024 GAAP EPS $(0.08) Misses $(0.01) Estimate, Sales $78.087M Beat $77.457M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nayax (NASDAQ: NYAX) reported Q2 2024 GAAP EPS of $(0.08), missing the $(0.01) estimate by 730%. However, sales of $78.087M beat the $77.457M estimate by 0.81%, marking a 39.05% increase from the same period last year.
August 07, 2024 | 11:32 am
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NEGATIVE IMPACT
Nayax reported a significant EPS miss of $(0.08) against the $(0.01) estimate, but sales exceeded expectations with a 39.05% YoY increase.
The significant EPS miss is likely to negatively impact the stock price in the short term, despite the positive sales performance and YoY growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100