Oxford Square Cap Q2 2024 GAAP EPS $0.13, Inline, Sales $11.445M Miss $12.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oxford Square Capital (NASDAQ: OXSQ) reported Q2 2024 GAAP EPS of $0.13, meeting analyst expectations. However, sales of $11.445 million missed the $12.000 million estimate and were down 15.30% year-over-year.
August 13, 2024 | 12:17 pm
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Oxford Square Capital reported Q2 2024 GAAP EPS of $0.13, meeting analyst expectations. However, sales of $11.445 million missed the $12.000 million estimate and were down 15.30% year-over-year.
While the EPS met expectations, the significant miss on sales and the year-over-year decline in revenue are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100