Enerflex Q2 EPS $0.04, Inline, Sales $614.00M Beat $562.30M Estimate
Portfolio Pulse from totan@benzinga.com
Enerflex (NYSE:EFXT) reported Q2 earnings per share of $0.04, meeting analyst expectations and marking a 185.71% increase from the previous year. The company also reported quarterly sales of $614.00 million, surpassing the analyst estimate of $562.30 million by 9.19% and showing a 6.19% increase from the same period last year.
August 07, 2024 | 10:15 pm
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Enerflex reported Q2 EPS of $0.04, meeting expectations, and sales of $614M, beating estimates by 9.19%. EPS increased by 185.71% YoY.
Enerflex's Q2 earnings per share met analyst expectations, and the significant beat on sales estimates, along with a substantial year-over-year increase in EPS, is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100