Waterdrop Q2 2024 Adjusted Earnings Per ADS $0.04 Beats $0.03 Estimate
Portfolio Pulse from Benzinga Newsdesk
Waterdrop (NYSE:WDH) reported Q2 2024 earnings per share of $0.04, surpassing the analyst estimate of $0.03. However, its sales of $93.04 million fell short of the expected $102.59 million, marking a slight decrease from the previous year.
September 04, 2024 | 10:25 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Waterdrop's Q2 2024 earnings per share exceeded expectations, but sales fell short, indicating mixed financial performance.
Waterdrop's earnings per share exceeded expectations, which is positive for the stock. However, the sales miss and slight year-over-year decline could offset this positive impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100