PropertyGuru Group Q2 2024 Adj. EPS S$(0.10) Misses S$(0.01) Estimate, Sales S$40.678M Miss S$41.214M Estimate
Portfolio Pulse from Benzinga Newsdesk
PropertyGuru Group (NYSE:PGRU) reported Q2 2024 earnings with a significant miss on EPS and a slight miss on sales estimates. The EPS was S$(0.10), missing the S$(0.01) estimate, and sales were S$40.678M, below the S$41.214M estimate.
September 04, 2024 | 6:08 am
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PropertyGuru Group's Q2 2024 earnings report showed a significant miss on EPS and a slight miss on sales, indicating potential short-term negative impact on stock price.
The significant miss on EPS by 900% and the slight miss on sales estimates suggest that the market may react negatively in the short term. The large discrepancy in EPS indicates potential operational or financial challenges, which could lead to a decrease in investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100