Tessco Technologies Q4 EPS $(0.61) Misses $(0.50) Estimate, Sales $104.20M Miss $116.16M Estimate
Portfolio Pulse from Happy Mohamed
Tessco Technologies reported Q4 losses of $(0.61) per share, missing the $(0.50) estimate by 22%. Sales were $104.20M, missing the $116.16M estimate by 10.3%. This is a 408.33% decrease in losses and a 2.57% increase in sales compared to last year.
May 26, 2023 | 8:08 pm
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NEGATIVE IMPACT
Tessco Technologies' Q4 earnings missed estimates with losses of $(0.61) per share and sales of $104.20M, missing estimates by 22% and 10.3% respectively.
Tessco Technologies reported worse-than-expected Q4 earnings, with losses of $(0.61) per share, missing the $(0.50) estimate by 22%. Sales also missed the $116.16M estimate by 10.3%. This negative news is likely to have a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100