Waterdrop Q2 Sales $93.04M Miss $102.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
Waterdrop (NYSE:WDH) reported Q2 sales of $93.04 million, missing the analyst consensus estimate of $102.59 million by 9.31%. This represents a slight decrease of 0.59% compared to the same period last year.
September 04, 2024 | 10:20 am
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Waterdrop's Q2 sales of $93.04M missed expectations by 9.31%, showing a slight decline from last year. This earnings miss could negatively impact short-term stock performance.
Waterdrop's reported sales were significantly below analyst expectations, which is typically viewed negatively by investors. The slight year-over-year decline further adds to the negative sentiment, likely leading to short-term downward pressure on the stock price.
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