Westrock Coffee Q2 2024 Adj. EPS $(0.13) Misses $(0.08) Estimate, Sales $208.389M Miss $214.467M Estimate
Portfolio Pulse from Benzinga Newsdesk
Westrock Coffee (NASDAQ:WEST) reported Q2 2024 adjusted EPS of $(0.13), missing the $(0.08) estimate by 62.5%. Sales were $208.389M, missing the $214.467M estimate by 2.83% and down 7.26% from last year's $224.7M.
August 08, 2024 | 9:01 pm
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Westrock Coffee reported Q2 2024 adjusted EPS of $(0.13), missing the $(0.08) estimate by 62.5%. Sales were $208.389M, missing the $214.467M estimate by 2.83% and down 7.26% from last year's $224.7M.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100