Tecnoglass Q2 2024 Adj. EPS $0.86 Beats $0.83 Estimate, Sales $219.654M Beat $219.286M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tecnoglass (NYSE:TGLS) reported Q2 2024 adjusted EPS of $0.86, beating the estimate of $0.83. Sales were $219.654M, slightly above the $219.286M estimate but down 2.50% from last year's $225.280M.
August 08, 2024 | 11:06 am
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Tecnoglass reported Q2 2024 adjusted EPS of $0.86, beating the estimate of $0.83. Sales were $219.654M, slightly above the $219.286M estimate but down 2.50% from last year's $225.280M.
Tecnoglass beat both EPS and sales estimates, which is generally positive for the stock. However, the slight decline in sales compared to last year may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100