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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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.
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IMPORTANCE 80
RELEVANCE 100