Leslies Q3 EPS $0.41 Beats $0.40 Estimate, Sales $610.90M Miss $611.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
Leslies (NASDAQ:LESL) reported Q3 earnings of $0.41 per share, beating the analyst consensus estimate of $0.40 by 2.5%. However, this is a 39.71% decrease from the same period last year. The company's quarterly sales were $610.90 million, missing the analyst consensus estimate of $611.08 million by 0.03%, and marking a 9.31% decrease from the same period last year.
August 04, 2023 | 12:17 pm
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Leslies reported Q3 earnings that beat estimates but are down YoY. Sales also missed estimates and are down YoY.
Leslies' Q3 earnings beat estimates, which is positive. However, the YoY decrease in earnings and sales, as well as the missed sales estimate, could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100