Amcon Distributing Q3 EPS $6.59 Down From $10.27 YoY, Sales $696.49M Up From $550.58M YoY
Portfolio Pulse from Benzinga Newsdesk
Amcon Distributing (AMEX:DIT) reported Q3 earnings of $6.59 per share, a 35.83% decrease YoY. However, the company's sales increased by 26.50% to $696.49 million compared to the same period last year.
July 18, 2023 | 8:13 pm
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NEUTRAL IMPACT
Amcon Distributing's Q3 earnings per share decreased by 35.83% YoY, while sales increased by 26.50%.
While Amcon Distributing's earnings per share decreased significantly, the company's sales increased. This mixed result could lead to neutral short-term price movement for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100