Cimpress Q4 Adj $1.05 Beats $0.24 Estimate, Sales $788.85M Miss $793.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cimpress reported Q4 earnings of $1.05 per share, beating the analyst consensus estimate of $0.24 by 337.5%. This is a 189.74% increase over losses from the same period last year. However, the company's quarterly sales of $788.85 million missed the analyst consensus estimate of $793.45 million by 0.58%. This is a 9.13% increase over sales from the same period last year.

July 26, 2023 | 8:41 pm
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Cimpress's Q4 earnings beat estimates but sales missed, indicating mixed performance.
Cimpress's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The net impact on the stock is likely to be neutral in the short term as the market digests both positive and negative aspects of the report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100