Mercury Systems Q4 Adj EPS $0.11 Misses $0.54 Estimate, Sales $253.20M Miss $277.27M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mercury Systems reported Q4 adjusted earnings of $0.11 per share, missing the analyst consensus estimate of $0.54 by 79.63%. This is a decrease of 86.42% from the same period last year. The company also reported quarterly sales of $253.20 million, missing the analyst consensus estimate of $277.27 million by 8.68%, a decrease of 12.61% from the same period last year.
August 15, 2023 | 8:03 pm
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Mercury Systems' Q4 earnings and sales significantly missed estimates, indicating a potential negative impact on the stock in the short term.
Mercury Systems reported significantly lower Q4 earnings and sales than expected, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
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