CompoSecure Q2 2024 Adj. EPS $0.27 Beats $0.25 Estimate, Sales $108.567M Beat $103.251M Estimate
Portfolio Pulse from Benzinga Newsdesk
CompoSecure (NASDAQ:CMPO) reported Q2 2024 earnings per share of $0.27, beating the analyst estimate of $0.25 by 8%. The company also reported sales of $108.567 million, surpassing the $103.251 million estimate by 5.15%. Both earnings and sales showed significant year-over-year growth.
August 07, 2024 | 9:13 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
CompoSecure (NASDAQ:CMPO) reported Q2 2024 earnings per share of $0.27, beating the analyst estimate of $0.25 by 8%. The company also reported sales of $108.567 million, surpassing the $103.251 million estimate by 5.15%. Both earnings and sales showed significant year-over-year growth.
The company's earnings and sales both exceeded analyst estimates and showed significant year-over-year growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100