Phinia Q2 Adj. EPS $1.53 Misses $1.56 Estimate, Sales $940.000M Beat $926.808M Estimate
Phinia (NYSE:PHIN) reported quarterly earnings of $1.53 per share which missed the analyst consensus estimate of $1.56 by 2.55 percent. This is a 20.47 percent increase over earnings of $1.27 per share from the same
Phinia made more money than expected from selling products, but earned slightly less profit per share than analysts predicted. When a company's sales are strong but profits miss, it hints they might be facing higher costs or tighter competition.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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