Sadot Group Q2 EPS $0.05 Beats $(0.04) Estimate, Sales $175.00M Beat $159.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sadot Group (NASDAQ:SDOT) reported Q2 earnings of $0.05 per share, significantly beating the analyst estimate of $(0.04). Sales also surpassed expectations, reaching $175.00 million compared to the $159.70 million estimate. This marks a substantial improvement from the same period last year.
August 13, 2024 | 9:12 pm
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Sadot Group (NASDAQ:SDOT) reported Q2 earnings of $0.05 per share, beating the analyst estimate of $(0.04) by 225%. Sales also exceeded expectations, reaching $175.00 million. This strong performance is likely to positively impact the stock price in the short term.
The significant beat on both EPS and sales compared to analyst estimates and the strong year-over-year growth indicate robust financial health and operational performance. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100