Issuer Direct Q2 EPS $0.22 Beats $0.21 Estimate, Sales $7.69M Beat $7.62M Estimate
Portfolio Pulse from totan@benzinga.com
Issuer Direct (AMEX:ISDR) reported Q2 earnings per share of $0.22, beating the analyst estimate of $0.21. Sales were $7.69 million, also surpassing the $7.62 million estimate. However, both EPS and sales showed significant declines compared to the same period last year.
August 08, 2024 | 8:21 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Issuer Direct reported Q2 EPS of $0.22, beating the $0.21 estimate, and sales of $7.69M, surpassing the $7.62M estimate. Despite beating estimates, both EPS and sales showed significant declines compared to the same period last year.
While Issuer Direct beat both EPS and sales estimates, the significant year-over-year declines in both metrics may concern investors. This mixed result is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100