Nautilus Q1 EPS $(0.15) Beats $(0.44) Estimate, Sales $41.75M Miss $44.88M Estimate
Portfolio Pulse from sunil@benzinga.com
Nautilus (NYSE:NLS) reported Q1 losses of $(0.15) per share, beating the analyst consensus estimate of $(0.44) by 65.91%. However, the company's quarterly sales of $41.75 million missed the analyst consensus estimate of $44.88 million by 6.97%. This represents a 23.84% decrease over sales of $54.82 million the same period last year.
August 09, 2023 | 8:59 pm
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NEUTRAL IMPACT
Nautilus reported better than expected Q1 EPS but missed on sales. This mixed report could lead to volatility in the stock.
Nautilus reported a better than expected EPS, which is a positive signal for investors. However, the company missed on sales, which is a negative signal. These mixed results could lead to uncertainty and volatility in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100