Yatsen Holding Q2 Adj EPS $(0.09) Down From $(0.05) YoY, Sales $109.33M Down From $118.40M YoY
Portfolio Pulse from totan@benzinga.com
Yatsen Holding (NYSE:YSG) reported a significant decline in its Q2 financial performance, with adjusted EPS dropping to $(0.09) from $(0.05) YoY and sales decreasing to $109.33M from $118.40M YoY.
August 20, 2024 | 9:19 am
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NEGATIVE IMPACT
Yatsen Holding's Q2 results show a significant decline in financial performance, with EPS dropping to $(0.09) from $(0.05) and sales decreasing to $109.33M from $118.40M YoY.
The significant decline in both EPS and sales indicates a worsening financial performance, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100