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Ascent Industries Q2 EPS $(0.37) Beats $(0.39) Estimate, Sales $60.66M Miss $77.80M Estimate

Author: Benzinga Newsdesk | August 08, 2023 05:26pm
Ascent Industries (NASDAQ:ACNT) reported quarterly losses of $(0.37) per share which beat the analyst consensus estimate of $(0.39) by 5.13 percent. This is a 134.91 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $60.66 million which missed the analyst consensus estimate of $77.80 million by 22.02 percent. This is a 47.79 percent decrease over sales of $116.20 million the same period last year.

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