Recap: Tessco Technologies Q4 Earnings
Portfolio Pulse from Benzinga Insights
Tessco Technologies (NASDAQ:TESS) reported Q4 earnings with an EPS of $-0.61, missing estimates by 22.0%. Revenue was up $2.61 million YoY. Last quarter, the company beat EPS estimates by $0.21, resulting in a 1.85% share price increase the next day.
May 26, 2023 | 9:15 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Tessco Technologies missed Q4 earnings estimates with an EPS of $-0.61, a 22.0% miss. Revenue increased by $2.61 million YoY.
Tessco Technologies missed earnings estimates by a significant margin, which could negatively impact the stock price in the short term. In the past, the company's stock price increased by 1.85% after beating EPS estimates. However, this time, the miss may lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100