Sky Harbour Group Q2 2024 GAAP EPS $0.06 Beats $(0.04) Estimate, Sales $3.62M Miss $4.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sky Harbour Group (AMEX:SKYH) reported Q2 2024 GAAP EPS of $0.06, beating the analyst estimate of $(0.04) by 250%. However, sales of $3.62M missed the $4.80M estimate by 24.63%, though it represents a 109.38% increase from the same period last year.
August 13, 2024 | 8:50 pm
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Sky Harbour Group reported Q2 2024 GAAP EPS of $0.06, beating estimates by 250%, but sales of $3.62M missed estimates by 24.63%. Sales increased 109.38% YoY.
The significant EPS beat is a positive indicator for the stock, suggesting better-than-expected profitability. However, the sales miss could temper enthusiasm. The YoY sales growth of 109.38% is a strong positive, indicating robust growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100