Natural Grocers Q3 EPS $0.31 Beats $0.15 Estimate, Sales $281.79M Beat $272.00M Estimate
Portfolio Pulse from bharat@benzinga.com
Natural Grocers (NYSE:NGVC) reported Q3 earnings of $0.31 per share, beating the analyst consensus estimate of $0.15 by 106.67%. This is an 82.35% increase from the same period last year. The company also reported quarterly sales of $281.79 million, beating the analyst consensus estimate of $272.00 million by 3.60%. This is a 5.81% increase from the same period last year.
August 04, 2023 | 2:36 pm
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POSITIVE IMPACT
Natural Grocers reported strong Q3 earnings and sales, significantly beating analyst estimates. This positive financial performance could potentially boost the company's stock in the short term.
Natural Grocers reported a significant beat on both earnings and sales for Q3, which is typically a positive signal for the company's stock. The strong financial performance indicates that the company is performing well, which could attract more investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100