NiSun Intl Enterprise Dev FY EPS $4.42 Down From $14.13 YoY, Sales $234.20M Up From $160.20M YoY
Portfolio Pulse from Benzinga Newsdesk
NiSun Intl Enterprise Dev (NASDAQ:NISN) reported a decrease in quarterly earnings from $14.13 per share last year to $4.42 per share this year, a 68.72% decrease. However, the company's sales increased by 46.19% from $160.20 million to $234.20 million over the same period.
August 08, 2023 | 10:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
NiSun's earnings per share decreased significantly by 68.72% YoY, but sales increased by 46.19%. This mixed financial performance could lead to uncertainty in the market.
While the decrease in earnings per share is a negative sign, the increase in sales is a positive one. This mixed performance could lead to uncertainty among investors, potentially impacting the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100