Staffing 360 Solutions Q4 Sales $69.58M Miss $76.24M Estimate
Portfolio Pulse from Happy Mohamed
Staffing 360 Solutions (NASDAQ:STAF) reported Q4 sales of $69.58 million, missing the analyst consensus estimate of $76.24 million by 8.73%. However, this is a 37% increase over sales of $50.79 million in the same period last year.
May 22, 2023 | 12:29 pm
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NEGATIVE IMPACT
Staffing 360 Solutions' Q4 sales missed analyst estimates by 8.73%, but showed a 37% YoY increase.
Staffing 360 Solutions' Q4 sales missed analyst estimates, which could negatively impact the stock price in the short term. However, the 37% YoY increase in sales may provide some support to the stock price, but the miss in estimates is likely to have a more significant impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100