Nerdy Q2 Sales $50.984M Miss $51.180M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nerdy (NYSE:NRDY) reported Q2 sales of $50.984 million, missing the analyst consensus estimate of $51.180 million by 0.38%. This represents a 4.39% increase over the same period last year.
August 08, 2024 | 8:28 pm
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Nerdy reported Q2 sales of $50.984 million, missing the analyst consensus estimate of $51.180 million by 0.38%. Despite the miss, sales increased by 4.39% year-over-year.
The slight miss in sales estimates is likely to have a negative short-term impact on the stock price, despite the year-over-year increase in sales. Investors often react negatively to earnings misses.
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IMPORTANCE 70
RELEVANCE 100