Formula Sys (1985) Q1 EPS $1.01 Down From $1.05 YoY, Sales $670.40M Up From $657.57M YoY
Portfolio Pulse from Benzinga Newsdesk
Formula Sys (1985) reported Q1 earnings of $1.01 per share, a 3.81% decrease YoY, and sales of $670.40M, a 1.95% increase YoY.
May 23, 2023 | 11:25 am
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Formula Sys (1985) Q1 earnings decreased by 3.81% YoY to $1.01 per share, while sales increased by 1.95% YoY to $670.40M.
Formula Sys (1985) reported mixed Q1 results with a decrease in earnings per share but an increase in sales. The decrease in earnings may have a negative impact on the stock price, while the increase in sales may have a positive impact. Overall, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100