Ellomay Capital Q2 EPS $0.03 Down From $0.12 YoY, Sales $12.07M Down From $14.64M YoY
Portfolio Pulse from Benzinga Newsdesk
Ellomay Capital reported a significant decrease in both earnings per share and sales for Q2 compared to the previous year. EPS dropped by 75% to $0.03, and sales fell by 17.53% to $12.07 million.
September 30, 2024 | 11:25 pm
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NEGATIVE IMPACT
Ellomay Capital's Q2 earnings per share decreased by 75% to $0.03, and sales fell by 17.53% to $12.07 million compared to the same period last year.
The significant drop in both EPS and sales indicates potential challenges for Ellomay Capital, likely leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100