Nature's Miracle Holding Q2 EPS $(0.07) Down From $(0.02) YoY, Sales $3.40M Up From $1.94M YoY
Portfolio Pulse from Benzinga Newsdesk
Nature's Miracle Holding (NASDAQ:NMHI) reported a Q2 EPS of $(0.07), a 250% decrease from $(0.02) YoY, with sales of $3.40M, a 75.20% increase from $1.94M YoY.
August 16, 2024 | 12:35 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nature's Miracle Holding (NASDAQ:NMHI) reported a significant decrease in EPS to $(0.07) from $(0.02) YoY, despite a substantial increase in sales to $3.40M from $1.94M YoY.
The significant decrease in EPS indicates worsening profitability, which is a negative signal for investors. However, the substantial increase in sales shows growth potential. Overall, the negative EPS impact outweighs the positive sales growth in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100