OneWater Marine shares are trading lower after the company reported worse-than-expected Q3 financial results and issued FY23 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
OneWater Marine reported worse-than-expected Q3 financial results and issued FY23 EPS guidance below estimates, causing its shares to trade lower.
August 04, 2023 | 1:57 pm
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NEGATIVE IMPACT
OneWater Marine's shares are trading lower due to worse-than-expected Q3 results and lower FY23 EPS guidance.
OneWater Marine's worse-than-expected Q3 results and lower FY23 EPS guidance are negative indicators for the company's financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100