How did LGHL's EPS surprise investors in Q2 2020?


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Lion Group Holding (LGHL) reported a negative EPS of $0.26 in Q2 2020, which likely surprised investors given the company's previous performance and the overall market conditions at the time. The negative EPS indicates that the company experienced a loss during the quarter, which could be attributed to various factors such as operational inefficiencies, market challenges, or one-time expenses. Investors may have had concerns about the company's financial health and its ability to generate profits, especially if this was a significant departure from expected results. The surprise could have led to a negative reaction from investors, potentially impacting the stock's performance in the aftermath of the earnings release.
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