Profire Energy Q2 2024 Adj. EPS $0.04 Beats $0.03 Estimate, Sales $15.200M Beat $14.100M Estimate
Portfolio Pulse from Benzinga Newsdesk
Profire Energy (NASDAQ:PFIE) reported Q2 2024 adjusted EPS of $0.04, beating the $0.03 estimate by 33.33%. Sales were $15.2M, surpassing the $14.1M estimate by 7.80% and showing a 5.23% increase from the same period last year.
August 07, 2024 | 8:49 pm
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Profire Energy (NASDAQ:PFIE) reported Q2 2024 adjusted EPS of $0.04, beating the $0.03 estimate by 33.33%. Sales were $15.2M, surpassing the $14.1M estimate by 7.80% and showing a 5.23% increase from the same period last year.
Profire Energy's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates by significant margins indicates strong performance and could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100