Boston Omaha Q2 EPS $(0.07) Misses $(0.02) Estimate, Sales $27.09M Beat $26.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boston Omaha (NYSE: BOC) reported Q2 earnings per share (EPS) of $(0.07), missing the analyst estimate of $(0.02) by 250%. However, the company reported sales of $27.09 million, beating the estimate of $26.60 million by 1.83%. Compared to the same period last year, EPS decreased by 240%, while sales increased by 11.86%.
August 13, 2024 | 8:43 pm
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Boston Omaha (NYSE: BOC) reported Q2 EPS of $(0.07), missing estimates by 250%, but sales of $27.09M beat expectations by 1.83%. EPS decreased by 240% YoY, while sales increased by 11.86%.
The significant miss on EPS is likely to negatively impact investor sentiment in the short term, despite the positive sales performance. The 240% YoY decrease in EPS is particularly concerning.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100