Liberty Braves Group Q2 EPS $0.46 Beats $0.32 Estimate, Sales $282.88M Miss $285.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liberty Braves Group (NASDAQ:BATRA) reported Q2 earnings per share of $0.46, beating the analyst estimate of $0.32 by 43.75%. However, sales of $282.88 million missed the estimate of $285.85 million by 1.04%. Compared to the same period last year, EPS increased by 39.39% and sales by 4.77%.
August 08, 2024 | 12:19 pm
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Liberty Braves Group (NASDAQ:BATRA) reported strong Q2 EPS of $0.46, beating estimates by 43.75%, but sales of $282.88 million missed estimates by 1.04%. EPS increased by 39.39% YoY, and sales grew by 4.77% YoY.
The significant beat on EPS is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. The YoY growth in both EPS and sales further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100