Greystone Housing Impact Q2 2024 GAAP EPS $0.19 Misses $0.40 Estimate, Sales $21.969M Miss $26.487M Estimate
Portfolio Pulse from Benzinga Newsdesk
Greystone Housing Impact (NYSE:GHI) reported Q2 2024 earnings per share of $0.19, missing the analyst estimate of $0.40 by 52.5%. The company also reported sales of $21.969 million, missing the estimate of $26.487 million by 17.06%. This represents a 22.38% decrease from the same period last year.
August 07, 2024 | 12:17 pm
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Greystone Housing Impact (NYSE:GHI) reported Q2 2024 earnings per share of $0.19, missing the analyst estimate of $0.40 by 52.5%. The company also reported sales of $21.969 million, missing the estimate of $26.487 million by 17.06%. This represents a 22.38% decrease from the same period last year.
The significant miss on both EPS and sales estimates, along with a notable year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100