Hall Of Fame Resort Q2 2024 GAAP EPS $(2.41) Beats $(2.71) Estimate, Sales $4.700M Miss $5.315M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hall Of Fame Resort (NASDAQ:HOFV) reported Q2 2024 GAAP EPS of $(2.41), beating the estimate of $(2.71). However, sales of $4.700M missed the $5.315M estimate and decreased by 23.29% year-over-year.
August 12, 2024 | 8:48 pm
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Hall Of Fame Resort (NASDAQ:HOFV) reported Q2 2024 GAAP EPS of $(2.41), beating the estimate of $(2.71). However, sales of $4.700M missed the $5.315M estimate and decreased by 23.29% year-over-year.
While the EPS beat the estimate, the significant miss on sales and the year-over-year decline in revenue could create mixed reactions in the market. Investors may be concerned about the declining sales trend, which could offset the positive EPS news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100