EarningsQ2’24 operating EPS significantly missed consensus estimates, coming in at $0.57 compared to the expected $0.64.
Financial PerformanceNon-GAAP EPS of $0.57 fell short of the estimated $0.65 and consensus $0.64, largely due to unexpected tax timing and increased financing and depreciation costs.
Operating ResultsLNT's 2Q24 EPS of $0.57 was below both analyst and consensus expectations, which were $0.67 and $0.64 respectively.