Joint Q2 2024 Adj. EPS $(0.06) Misses $(0.02) Estimate, Sales $30.261M Beat $29.397M Estimate
Portfolio Pulse from Benzinga Newsdesk
Joint (NASDAQ:JYNT) reported Q2 2024 adjusted EPS of $(0.06), missing the $(0.02) estimate by 200%. However, sales of $30.261M beat the $29.397M estimate by 2.94%, showing a 3.26% increase from the same period last year.
August 08, 2024 | 9:52 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Joint (NASDAQ:JYNT) reported Q2 2024 adjusted EPS of $(0.06), missing the $(0.02) estimate by 200%. However, sales of $30.261M beat the $29.397M estimate by 2.94%, showing a 3.26% increase from the same period last year.
The significant EPS miss by 200% is likely to negatively impact investor sentiment in the short term, despite the positive sales beat and year-over-year growth. The mixed results create uncertainty, but the EPS miss is more likely to weigh on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100