Generation Income Q2 2024 FFO $0.03 Beats $0.02 Estimate, Sales $2.259M Beat $2.250M Estimate
Portfolio Pulse from Benzinga Newsdesk
Generation Income (NASDAQ:GIPR) reported Q2 2024 earnings of $0.03 per share, beating the analyst estimate of $0.02 by 50%. The company also reported sales of $2.259 million, surpassing the estimate of $2.250 million by 0.40%. This represents a 69.98% increase over the same period last year.
August 16, 2024 | 7:21 am
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Generation Income (NASDAQ:GIPR) reported Q2 2024 earnings of $0.03 per share, beating the analyst estimate of $0.02 by 50%. The company also reported sales of $2.259 million, surpassing the estimate of $2.250 million by 0.40%. This represents a 69.98% increase over the same period last year.
Generation Income's earnings and sales both exceeded analyst estimates, with a significant year-over-year sales increase of 69.98%. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100