ZKH Group Q2 Adj EPS $(0.03), Sales $309.61M Miss $319.24M Estimate
Portfolio Pulse from totan@benzinga.com
ZKH Group reported a Q2 adjusted EPS of $(0.03) and sales of $309.61 million, missing the analyst consensus estimate of $319.24 million by 3.02%.
August 22, 2024 | 10:10 am
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NEGATIVE IMPACT
ZKH Group's Q2 earnings report shows a miss on both EPS and sales estimates, with sales falling short by 3.02%.
The earnings miss, both in terms of EPS and sales, is likely to negatively impact ZKH's stock price in the short term as it indicates underperformance against market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100