Prestige Consumer Q1 EPS $1.06 Beats $1.01 Estimate, Sales $279.31M Beat $278.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
Prestige Consumer (NYSE:PBH) reported Q1 earnings of $1.06 per share, beating the analyst consensus estimate of $1.01 by 4.95%. However, this is a 2.75% decrease from the same period last year. The company also reported quarterly sales of $279.31 million, beating the analyst consensus estimate of $278.07 million by 0.45%, a 0.81% increase from the same period last year.
August 04, 2023 | 12:47 pm
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POSITIVE IMPACT
Prestige Consumer's Q1 earnings and sales beat analyst estimates, which could positively impact the stock in the short term.
Prestige Consumer's earnings and sales beat analyst estimates, which is generally seen as a positive signal by the market. However, the decrease in earnings from the same period last year might temper the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100