Kyocera Q2 Sales $3.357B Beat $3.222B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kyocera reported Q2 sales of $3.357 billion, surpassing the analyst estimate of $3.222 billion, despite a year-over-year decrease of 4.11%.
October 30, 2024 | 9:55 am
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Kyocera's Q2 sales of $3.357 billion exceeded expectations by 4.20%, although they were down 4.11% from the previous year.
Kyocera's sales performance exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year decline may temper investor enthusiasm. Overall, the beat on estimates is likely to have a positive short-term impact on the stock price.
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