DigitalBridge Gr Q2 2024 Adj. EPS $0.11 Misses $0.12 Estimate, Sales $390.336M Down From $424.933M YoY
Portfolio Pulse from Benzinga Newsdesk
DigitalBridge Group (NYSE: DBRG) reported Q2 2024 adjusted EPS of $0.11, missing the $0.12 estimate. Sales were $390.336M, down 8.14% YoY from $424.933M.
August 07, 2024 | 10:42 pm
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DigitalBridge Group reported Q2 2024 adjusted EPS of $0.11, missing the $0.12 estimate. Sales were $390.336M, down 8.14% YoY from $424.933M.
The miss on EPS and the YoY decline in sales are likely to negatively impact investor sentiment in the short term, leading to a potential decrease in DBRG's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100