What caused SDOT's EPS surprise in Q2 2024?

The EPS surprise for Sadot Group Inc. (SDOT) in Q2 2024 can be attributed to several key factors: 1. **Increase in EBITDA**: Despite a decline in revenue, Sadot Group experienced a significant improvement in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which stood at $0.5 million for Q1 2024. This indicates a strengthening of the company's operational performance, which could have contributed to the positive EPS surprise. 2. **Cost Management**: The company's cost management efforts likely played a role in improving profitability. For instance, Sadot Group reported a decrease in net loss in Q1 2024, narrowing by approximately $0.8 million compared to the same period in the previous year. Effective cost management can lead to higher net income and, consequently, a higher EPS. 3. **Strategic Focus**: Sadot Group has been focusing on strategic alternatives for its restaurant operations, which could be a profitable move. The company's ability to sell its Pokemoto and SuperFit Foods assets could lead to a reduction in losses from the restaurant segment and potentially increase EPS. In conclusion, the EPS surprise in Q2 2024 for Sadot Group Inc. can be attributed to a combination of improved operational performance, effective cost management, and strategic initiatives. These factors, among others, likely contributed to the company's positive earnings outcome.