LGL Group Q1 EPS $0.03 Misses $0.06 Estimate, Sales $441.00K Miss $600.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
LGL Group reported Q1 earnings of $0.03 per share, missing the analyst consensus estimate of $0.06 by 50%. Quarterly sales were $441,000, missing the estimate of $600,000 by 26.5% and representing a 94.56% decrease YoY.
June 16, 2023 | 3:55 pm
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LGL Group's Q1 earnings and sales missed analyst estimates, with a 50% miss on EPS and a 26.5% miss on sales, resulting in a 94.56% YoY decrease.
LGL Group's Q1 earnings and sales both missed analyst estimates significantly, with a 50% miss on EPS and a 26.5% miss on sales. This poor performance is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100