Delta Apparel Q3 Adj EPS $0.17 Beats $(0.12) Estimate, Sales $106.32M Miss $116.20M Estimate
Portfolio Pulse from bharat@benzinga.com
Delta Apparel (AMEX:DLA) reported Q3 earnings of $0.17 per share, beating the analyst consensus estimate of $(0.12) by 241.67%. However, this is a 80.68% decrease from the same period last year. The company's quarterly sales of $106.32 million missed the analyst consensus estimate of $116.20 million by 8.50%, marking a 16.20% decrease from the same period last year.
August 04, 2023 | 2:30 pm
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Delta Apparel's Q3 earnings beat estimates but sales missed, and both earnings and sales decreased from the same period last year.
Delta Apparel's earnings beat estimates, which is positive. However, the company's sales missed estimates and both earnings and sales decreased from the same period last year, which are negative factors. These factors could lead to a decrease in the company's stock price in the short term.
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