Stryve Foods Q2 2024 Adj EPS $(0.83) Beats $(1.39) Estimate, Sales $6.20M Beat $5.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stryve Foods (NASDAQ:SNAX) reported Q2 2024 adjusted EPS of $(0.83), beating the analyst estimate of $(1.39) by 40.29%. The company also reported sales of $6.20 million, surpassing the $5.01 million estimate by 23.80%. This represents a 3.39% increase over the same period last year.
August 14, 2024 | 8:11 pm
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Stryve Foods (NASDAQ:SNAX) reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.83) and sales of $6.20 million, beating estimates by 40.29% and 23.80% respectively. Sales also increased by 3.39% year-over-year.
The better-than-expected EPS and sales figures are likely to positively impact the stock price in the short term. Beating analyst estimates by significant margins and showing year-over-year sales growth are strong indicators of positive performance.
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