Sadot Group Reports Q2 EPS $0.05 Beats $(0.04) Estimate, Sales $175.00M Beat $159.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sadot Group reported Q2 earnings per share (EPS) of $0.05, beating the estimate of $(0.04). The company also reported sales of $175.00 million, surpassing the estimate of $159.70 million.
August 13, 2024 | 9:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Sadot Group reported better-than-expected Q2 earnings and sales, with EPS of $0.05 beating the $(0.04) estimate and sales of $175.00 million surpassing the $159.70 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact Sadot Group's stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100