CSW Industrials Q1 EPS $1.97 Beats $1.92 Estimate, Sales $203.36M Miss $208.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
CSW Industrials (NASDAQ:CSWI) reported Q1 earnings of $1.97 per share, beating the analyst consensus estimate of $1.92 by 2.6%. However, the company's quarterly sales of $203.36 million missed the analyst consensus estimate of $208.40 million by 2.42%.
August 04, 2023 | 1:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
CSW Industrials reported better than expected Q1 earnings but missed on sales estimates.
CSW Industrials reported a beat on earnings per share estimates, which is a positive signal for investors. However, the company missed on sales estimates, which could be a concern for investors as it indicates potentially weaker demand for the company's products or services. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100