Canterbury Park Holding Q2 EPS $0.07 Down From $1.07 YoY, Sales $16.20M Down From $16.34M YoY
Portfolio Pulse from Benzinga Newsdesk
Canterbury Park Holding (NASDAQ:CPHC) reported a significant decrease in Q2 earnings per share (EPS) to $0.07, down 93.46% from $1.07 YoY. Sales also saw a slight decline to $16.20 million from $16.34 million YoY.
August 08, 2024 | 10:00 pm
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NEGATIVE IMPACT
Canterbury Park Holding reported a drastic 93.46% decrease in Q2 EPS to $0.07, with a slight decline in sales to $16.20 million. This significant drop in earnings could negatively impact investor sentiment and the stock price in the short term.
The drastic decrease in EPS by 93.46% is a significant negative indicator for investors, likely leading to a short-term decline in stock price. The slight decline in sales further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100