AlTi Global Q2 Sales $49.45M Miss $51.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
AlTi Global (NASDAQ:ALTI) reported Q2 sales of $49.45 million, missing the analyst consensus estimate of $51.80 million by 4.53%. This represents a 4.68% decrease from the same period last year.
August 09, 2024 | 12:06 pm
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NEGATIVE IMPACT
AlTi Global reported Q2 sales of $49.45 million, missing the analyst consensus estimate of $51.80 million by 4.53%. This is a 4.68% decrease from the same period last year.
The miss on sales estimates and the year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100