Perma-Fix Envirn Servs Q2 Sales $13.986M Miss $17.600M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perma-Fix Environmental Services (NASDAQ:PESI) reported Q2 sales of $13.986 million, missing the analyst consensus estimate of $17.600 million by 20.53%. This represents a 44.13% decrease from the same period last year.
August 08, 2024 | 12:04 pm
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Perma-Fix Environmental Services reported Q2 sales of $13.986 million, missing the analyst consensus estimate of $17.600 million by 20.53%. This is a significant 44.13% decrease from the same period last year, indicating potential challenges in the company's operations or market conditions.
The significant miss on sales estimates and the large year-over-year decrease in sales are likely to negatively impact investor sentiment and the stock price in the short term. The 20.53% miss on estimates and 44.13% decrease from last year suggest underlying issues that could concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100