Super Hi International Q2 Sales $183.28M Miss $212.30M Estimate
Portfolio Pulse from totan@benzinga.com
Super Hi International (NASDAQ:HDL) reported Q2 sales of $183.28M, missing the analyst estimate of $212.30M by 13.67%. Despite the miss, sales increased by 12.45% compared to the same period last year.
August 27, 2024 | 11:12 am
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NEGATIVE IMPACT
Super Hi International's Q2 sales of $183.28M missed expectations by 13.67%, but showed a 12.45% increase YoY. This could lead to short-term stock price volatility.
The significant miss on sales estimates by 13.67% is likely to negatively impact investor sentiment, potentially leading to a short-term decline in stock price. However, the YoY sales increase of 12.45% may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100