Kewaunee Scientific Q1 EPS $0.86 Up From $(0.27) YoY, Sales $49.84M Down From $50.12M YoY
Portfolio Pulse from Benzinga Newsdesk
Kewaunee Scientific (NASDAQ:KEQU) reported Q1 earnings of $0.86 per share, a 418.52% increase YoY. However, sales decreased by 0.57% to $49.84 million compared to $50.12 million in the same period last year.
August 31, 2023 | 9:36 pm
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Kewaunee Scientific reported a significant increase in Q1 earnings but a slight decrease in sales YoY.
The significant increase in earnings indicates a strong financial performance, which could positively impact the stock. However, the slight decrease in sales could be a concern for investors, potentially offsetting the positive impact of the earnings increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100