GEE Group Q3 EPS $0.07 Beats $0.01 Estimate, Sales $38.17M Miss $38.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
GEE Group (AMEX:JOB) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $0.01 by 600%. However, the company's quarterly sales of $38.17 million missed the analyst consensus estimate of $38.94 million by 1.97%. This represents a 7.16% decrease over sales from the same period last year.
August 14, 2023 | 8:11 pm
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NEUTRAL IMPACT
GEE Group's Q3 earnings beat estimates but sales missed expectations. This mixed report may lead to uncertainty in the market.
GEE Group's earnings beat estimates, which is positive for the stock. However, the missed sales estimates and the decrease in sales compared to the same period last year could negatively impact the stock. The mixed results make the short-term impact on the stock uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100