BGSF Q2 2024 Adj. EPS $0.07 Misses $0.08 Estimate, Sales $68.137M Miss $74.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
BGSF (NYSE:BGSF) reported Q2 2024 adjusted EPS of $0.07, missing the analyst estimate of $0.08 by 12.5%. The company also reported sales of $68.137 million, missing the $74.000 million estimate by 7.92% and marking a 15.67% decrease from the same period last year.
August 07, 2024 | 9:55 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BGSF reported Q2 2024 adjusted EPS of $0.07, missing the analyst estimate of $0.08 by 12.5%. The company also reported sales of $68.137 million, missing the $74.000 million estimate by 7.92% and marking a 15.67% decrease from the same period last year.
BGSF's Q2 2024 earnings and sales both missed analyst estimates, with sales also showing a significant year-over-year decline. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100