SunOpta Q2 2024 Adj. EPS $0.04 Beats $0.00 Estimate, Sales $171.000M Beat $158.927M Estimate
Portfolio Pulse from Benzinga Newsdesk
SunOpta (NASDAQ:STKL) reported Q2 2024 adjusted EPS of $0.04, beating the $0.00 estimate. Sales were $171 million, surpassing the $158.927 million estimate but down 17.71% from last year's $207.809 million.
August 07, 2024 | 9:34 pm
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SunOpta's Q2 2024 earnings per share of $0.04 beat the analyst estimate of $0.00, and sales of $171 million exceeded the $158.927 million estimate. However, sales were down 17.71% year-over-year.
The positive earnings surprise and sales beat are likely to boost investor sentiment in the short term, despite the year-over-year decline in sales.
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IMPORTANCE 80
RELEVANCE 100