Reported Monday August 12, 2024, My Size Q2 EPS $(1.28) Beats $(2.43) Estimate, Sales $1.98M Miss $2.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
My Size (NASDAQ:MYSZ) reported Q2 earnings per share (EPS) of $(1.28), beating the analyst estimate of $(2.43) by 47.33%. However, sales of $1.98 million missed the $2.00 million estimate by 1.05%. Despite the sales miss, both EPS and sales showed significant improvement compared to the same period last year.
August 14, 2024 | 1:20 pm
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POSITIVE IMPACT
My Size (NASDAQ:MYSZ) reported Q2 EPS of $(1.28), beating estimates by 47.33%, and sales of $1.98M, missing estimates by 1.05%. Both metrics showed significant year-over-year improvement.
The significant beat on EPS and the year-over-year improvement in both EPS and sales are positive indicators for the stock. The slight miss on sales is unlikely to overshadow the overall positive earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100