Atlantic American Q2 2024 Revenue $47.67M Vs $49.18M YoY; EPS $(0.04) Vs $0.08 YoY
Portfolio Pulse from Benzinga Newsdesk
Atlantic American reported Q2 2024 revenue of $47.67 million, down from $49.18 million year-over-year. The company posted an EPS of $(0.04), compared to $0.08 in the same period last year.
August 14, 2024 | 4:17 pm
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NEGATIVE IMPACT
Atlantic American's Q2 2024 financial results show a decline in revenue to $47.67 million from $49.18 million YoY, and a negative EPS of $(0.04) compared to $0.08 last year.
The decline in both revenue and EPS indicates a weaker financial performance compared to the same period last year. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100