Liquidity Services Earlier Reported Q3 EPS $0.28 Beats $0.20 Estimate, Sales $80.77M Beat $77.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liquidity Services (NASDAQ:LQDT) reported Q3 earnings of $0.28 per share, beating the analyst consensus estimate of $0.20 by 40%. The company also reported quarterly sales of $80.77 million, surpassing the analyst consensus estimate of $77.42 million by 4.33%. This represents a 33.33% increase in earnings and a 15.61% increase in sales compared to the same period last year.
August 04, 2023 | 2:19 pm
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POSITIVE IMPACT
Liquidity Services reported better than expected Q3 earnings and sales, which could positively impact its stock price.
Liquidity Services reported Q3 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100