Holley Q2 2024 Adj. EPS $0.10, Inline, Sales $169.496M Miss $170.562M Estimate
Portfolio Pulse from Benzinga Newsdesk
Holley (NYSE:HLLY) reported Q2 2024 earnings per share of $0.10, meeting analyst expectations but showing a 28.57% decrease from the previous year. Quarterly sales were $169.496 million, missing the $170.562 million estimate and representing a 3.29% decline from the same period last year.
August 07, 2024 | 11:36 am
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Holley reported Q2 2024 earnings per share of $0.10, meeting analyst expectations but showing a 28.57% decrease from the previous year. Quarterly sales were $169.496 million, missing the $170.562 million estimate and representing a 3.29% decline from the same period last year.
While Holley met EPS expectations, the significant year-over-year decline in both EPS and sales, along with the slight miss on sales estimates, is likely to have a negative short-term impact on the stock price.
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