Ampco-Pittsburgh Q2 2024 EPS $(0.04) Vs $0.06 YoY
Portfolio Pulse from Benzinga Newsdesk
Ampco-Pittsburgh reported a Q2 2024 EPS of $(0.04), a significant decline from $0.06 in the same quarter last year.
August 12, 2024 | 8:13 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Ampco-Pittsburgh reported a Q2 2024 EPS of $(0.04), a significant decline from $0.06 in the same quarter last year. This indicates a downturn in the company's profitability.
The significant decline in EPS from $0.06 to $(0.04) suggests a downturn in Ampco-Pittsburgh's profitability, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100