Hennessy Advisors Q3 EPS $0.15 Down From $0.17 YoY, Sales $5.70M Down From $6.91M YoY
Portfolio Pulse from Benzinga Newsdesk
Hennessy Advisors (NASDAQ:HNNA) reported a decrease in Q3 earnings and sales YoY. Earnings per share fell by 11.76% to $0.15 from $0.17, and sales dropped by 17.50% to $5.70M from $6.91M.
August 04, 2023 | 12:26 pm
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Hennessy Advisors reported a decrease in Q3 earnings and sales YoY, which could negatively impact the stock price in the short term.
The decrease in both earnings and sales indicates a potential downturn in the company's financial performance. This could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100