Recap: SKF Q2 Earnings

  SKF (OTC:SKFRY) reported its Q2 earnings results on Wednesday, July 20, 2022 at 06:00 AM. Here's what investors need to know about the announcement. Earnings SKF missed estimated earnings by 18.92%, reporting an EPS of $0.3 versus an estimate of $0.37.

 

SKF (OTC:SKFRY) reported its Q2 earnings results on Wednesday, July 20, 2022 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

SKF missed estimated earnings by 18.92%, reporting an EPS of $0.3 versus an estimate of $0.37.

Revenue was down $55.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 2.08% increase in the share price the next day.

 

To track all earnings releases for SKF visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Why Strategic Education Shares Are Soaring Today?

Strategic Education Inc (NASDAQ:STRA) gains momentum with a 13.1% year-on-year sales surge to $290.300 million in Q1 FY24, surpassing analyst predictions. Notably, total costs and expenses decrease by 3.6%, fueling a robust operating margin of 14.2%. CEO Karl McDonnell attributes the success to strong growth in the U.S. Higher Education segment, buoyed by employer-affiliated enrollment, and robust performance in Education Technology Services, including Sophia subscriptions.

STRA