Benson Hill Q2 2024 GAAP EPS $(3.58) Misses $(2.10) Estimate, Sales $33.773M Beat $24.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
Benson Hill reported its Q2 2024 financial results with a GAAP EPS of $(3.58), missing the estimate of $(2.10). However, the company reported sales of $33.773 million, beating the estimate of $24.300 million.
August 08, 2024 | 11:03 am
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NEUTRAL IMPACT
Benson Hill's Q2 2024 GAAP EPS of $(3.58) missed the estimate of $(2.10), but sales of $33.773 million beat the estimate of $24.300 million. This mixed result may lead to short-term volatility in the stock price.
The significant miss on EPS is a negative indicator, but the beat on sales is a positive sign. These mixed results are likely to cause short-term volatility as investors digest the contrasting signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100