Mitsui & Co Q2 EPS $6.20 Down From $9.34 YoY, Sales $23.46B Up From $22.34B YoY
Portfolio Pulse from totan@benzinga.com
Mitsui & Co reported a significant decrease in Q2 EPS to $6.20 from $9.34 YoY, despite a 4.99% increase in sales to $23.46B from $22.34B.
November 01, 2024 | 9:52 am
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NEGATIVE IMPACT
Mitsui & Co's Q2 earnings per share fell significantly by 33.62% to $6.20, despite a 4.99% increase in sales to $23.46 billion.
The significant drop in EPS suggests profitability issues, which could negatively impact investor sentiment and the stock price in the short term, despite the increase in sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100