PSQ Holdings Q2 2024 GAAP EPS $(0.36) Misses $(0.30) Estimate, Sales $5.99M Miss $7.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
PSQ Holdings (NYSE:PSQH) reported Q2 2024 GAAP EPS of $(0.36), missing the $(0.30) estimate by 20%. Sales were $5.99M, missing the $7.32M estimate by 18.19%, but up 1.03K% from $529.71K last year.
August 14, 2024 | 12:04 pm
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NEGATIVE IMPACT
PSQ Holdings reported Q2 2024 GAAP EPS of $(0.36), missing the $(0.30) estimate by 20%. Sales were $5.99M, missing the $7.32M estimate by 18.19%, but up 1.03K% from $529.71K last year.
PSQ Holdings missed both EPS and sales estimates, which is likely to negatively impact the stock price in the short term. However, the significant year-over-year sales growth may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100