Conifer Holdings Q2 EPS $(0.30) Up From $(0.39) YoY, Sales $16.67M Down From $23.18M YoY
Portfolio Pulse from totan@benzinga.com
Conifer Holdings (NASDAQ:CNFR) reported Q2 EPS of $(0.30), an improvement from $(0.39) YoY, but sales decreased to $16.67M from $23.18M YoY.
August 13, 2024 | 8:05 pm
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NEUTRAL IMPACT
Conifer Holdings reported a quarterly EPS of $(0.30), an improvement from $(0.39) YoY, but sales decreased by 28.11% to $16.67M.
While the EPS has improved, the significant drop in sales may concern investors. The mixed results could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100