Post by
davgro on Sep 28, 2023 4:19pm
Quick Read of ATZ Q2 2024 Financial Results
A quick read of the Q2 2024 financial results shows that ATZ beat market expectations on both Adjusted Net Income and Net Revenue.
Q2 Revs C$534.191 Million Vs Capital IQ Forecast of C$520.9 Million
Adjusted EPS of $0.03 Vs Capital IQ forecast of a loss of $0.04
It will be interesting to see how the markets react tomorrow and whether these results were already baked into the current share price.
Comment by
IntrinsicValue1 on Sep 28, 2023 9:11pm
The earnings beat def not baked in. They kept this quiet and only provided horror show expectations which were beat. The guidance was great too which was anybodys guess. Best part was they burned off much of the inventory overhang they wanted gone. Overall a large beat from fery low expectations.