InfuSystems Holdings Q2 2024 GAAP EPS $0.03 Misses $0.04 Estimate, Sales $33.698M Beat $33.252M Estimate
Portfolio Pulse from Benzinga Newsdesk
InfuSystems Holdings (AMEX:INFU) reported Q2 2024 earnings per share (EPS) of $0.03, missing the analyst estimate of $0.04 by 25%. However, the company reported sales of $33.698 million, beating the estimate of $33.252 million by 1.34%. Compared to the same period last year, EPS increased by 50% and sales increased by 6.19%.
August 08, 2024 | 10:32 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
InfuSystems Holdings reported Q2 2024 EPS of $0.03, missing the $0.04 estimate by 25%. Sales of $33.698M beat the $33.252M estimate by 1.34%. EPS increased by 50% YoY, and sales grew by 6.19%.
The mixed results, with EPS missing estimates but sales beating expectations, suggest a neutral short-term impact. The YoY growth in both EPS and sales is positive, but the EPS miss may weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100