Qurate Retail Q2 Sales $2.407B Miss $2.456B Estimate
Portfolio Pulse from Benzinga Newsdesk
Qurate Retail (NASDAQ:QRTEA) reported Q2 sales of $2.407 billion, missing the analyst consensus estimate of $2.456 billion by 2%. This represents a 9.14% decrease from the same period last year.
August 08, 2024 | 11:01 am
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Qurate Retail reported Q2 sales of $2.407 billion, missing the analyst consensus estimate of $2.456 billion by 2%. This is a 9.14% decrease from the same period last year, indicating potential challenges in the company's performance.
The miss on sales estimates and the year-over-year decline in revenue suggest potential challenges for Qurate Retail. This could lead to a negative short-term impact on the stock price as investors react to the disappointing earnings report.
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