AlTi Global Q2 2024 Adj EPS $(0.07) Misses $(0.06) Estimate
Portfolio Pulse from Benzinga Newsdesk
AlTi Global (NASDAQ:ALTI) reported a Q2 2024 adjusted EPS of $(0.07), missing the analyst consensus estimate of $(0.06) by 16.67%.
August 09, 2024 | 12:11 pm
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NEGATIVE IMPACT
AlTi Global reported a Q2 2024 adjusted EPS of $(0.07), missing the analyst consensus estimate of $(0.06) by 16.67%. This earnings miss could negatively impact the stock price in the short term.
The earnings miss indicates that the company's performance was below market expectations, which typically leads to a negative reaction from investors and a potential decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100