Vinci Partners Inv Q2 EPS $0.25 Beats $0.20 Estimate, Sales $22.57M Beat $21.48M Estimate
Portfolio Pulse from totan@benzinga.com
Vinci Partners Inv (NASDAQ:VINP) reported Q2 earnings of $0.25 per share, beating the analyst estimate of $0.20. Sales were $22.57 million, also surpassing the $21.48 million estimate. However, both earnings and sales showed a year-over-year decline.
August 07, 2024 | 8:07 pm
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Vinci Partners Inv reported Q2 earnings of $0.25 per share, beating the analyst estimate of $0.20. Sales were $22.57 million, also surpassing the $21.48 million estimate. However, both earnings and sales showed a year-over-year decline.
The positive earnings and sales beats are likely to have a short-term positive impact on VINP's stock price. However, the year-over-year decline in both metrics may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100