Medicine Man Technologies Q2 2024 GAAP EPS $(0.20) Misses $(0.19) Estimate, Sales $43.236M Beat $42.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Medicine Man Technologies (OTC:SHWZ) reported Q2 2024 GAAP EPS of $(0.20), missing the $(0.19) estimate, but sales of $43.236M beat the $42.000M estimate.
August 13, 2024 | 8:08 pm
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NEUTRAL IMPACT
Medicine Man Technologies reported a Q2 2024 GAAP EPS of $(0.20), missing the $(0.19) estimate, but sales of $43.236M beat the $42.000M estimate. This mixed result may lead to short-term volatility in the stock price.
The mixed earnings report, with a slight miss on EPS but a beat on sales, suggests that the market may react with short-term volatility. Investors may focus on the sales beat as a positive sign, but the EPS miss could temper enthusiasm.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100