Servotronics Q2 EPS $0.22 Up From $(3.86) YoY, Sales $12.27M Up From $10.65M YoY
Portfolio Pulse from Benzinga Newsdesk
Servotronics (AMEX:SVT) reported a significant improvement in its Q2 earnings, with EPS rising to $0.22 from a loss of $(3.86) YoY. Sales also increased by 15.25% to $12.27 million.
August 08, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Servotronics reported a significant improvement in Q2 earnings, with EPS rising to $0.22 from a loss of $(3.86) YoY. Sales also increased by 15.25% to $12.27 million.
The significant improvement in EPS and sales indicates strong financial performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100