PLBY Group Q2 2024 GAAP EPS $(0.23) Misses $(0.09) Estimate, Sales $24.885M Miss $32.943M Estimate
Portfolio Pulse from Benzinga Newsdesk
PLBY Group (NASDAQ:PLBY) reported Q2 2024 GAAP EPS of $(0.23), missing the $(0.09) estimate by 155.56%. Sales were $24.885M, missing the $32.943M estimate by 24.46% and down 29.10% from the same period last year.
August 08, 2024 | 8:55 pm
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PLBY Group reported a significant earnings miss with Q2 2024 GAAP EPS of $(0.23) compared to the $(0.09) estimate. Sales also fell short at $24.885M versus the $32.943M estimate, marking a 29.10% decline from the same period last year.
The significant miss on both EPS and sales estimates, along with a notable year-over-year decline in sales, is likely to negatively impact PLBY's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100