MINISO Group Holding Q4 EPADS $0.25 Beats $0.22 Estimate, Sales $448.50M Beat $434.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
MINISO Group Holding (NYSE:MNSO) reported Q4 earnings of $0.25 per share, beating the analyst consensus estimate of $0.22 by 13.64%. This is a 127.27% increase from the same period last year. The company also reported quarterly sales of $448.50 million, beating the analyst consensus estimate of $434.37 million by 3.25%, a 29.62% increase from the previous year.
August 22, 2023 | 5:02 am
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POSITIVE IMPACT
MINISO Group's Q4 earnings and sales exceeded estimates, indicating strong financial performance. This could positively impact the company's stock price in the short term.
MINISO Group's Q4 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The significant year-over-year growth in earnings and sales further strengthens this positive outlook.
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