Castor Maritime Q1 EPS $0.11 Down From $0.21 YoY
Portfolio Pulse from Benzinga Newsdesk
Castor Maritime (NASDAQ:CTRM) reported Q1 earnings of $0.11 per share, a 47.62% decrease from $0.21 per share YoY.
May 23, 2023 | 1:14 pm
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NEGATIVE IMPACT
Castor Maritime's Q1 earnings decreased by 47.62% YoY to $0.11 per share.
The significant decrease in Castor Maritime's Q1 earnings compared to the same period last year is likely to have a negative impact on the stock price in the short term, as it indicates a decline in the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100