PhenixFIN Q3 EPS $0.58 Misses $0.78 Estimate, Sales $4.84M Miss $4.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
PhenixFIN (NASDAQ:PFX) reported Q3 earnings of $0.58 per share, missing the analyst consensus estimate of $0.78 by 25.64%. The company also reported quarterly sales of $4.84 million, missing the analyst consensus estimate of $4.89 million by 1.04%. Despite the misses, this represents a 544.44% increase in earnings and a 32.25% increase in sales compared to the same period last year.
August 11, 2023 | 5:30 am
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PhenixFIN's Q3 earnings and sales missed estimates, but showed significant YoY growth. The misses may negatively impact the stock in the short term, but the YoY growth could be a positive signal for long-term investors.
PhenixFIN's Q3 earnings and sales missed analyst estimates, which could lead to a short-term negative impact on the stock as it indicates the company underperformed expectations. However, the significant YoY growth in earnings and sales could be seen as a positive signal for long-term investors, indicating the company's overall growth trend.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100