Maui Land & Pineapple Co Q2 EPS $(0.09) Down From $(0.06) YoY, Sales $2.65M Up From $2.47M YoY
Portfolio Pulse from Benzinga Newsdesk
Maui Land & Pineapple Co reported a Q2 EPS loss of $(0.09), a 50% increase in losses compared to last year, despite a 6.96% increase in sales to $2.65M.
August 19, 2024 | 9:21 pm
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Maui Land & Pineapple Co's Q2 EPS loss increased to $(0.09) from $(0.06) YoY, while sales rose by 6.96% to $2.65M. The increased loss despite higher sales may concern investors.
The company's increased EPS loss despite higher sales suggests potential operational inefficiencies or increased costs, which could negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100