Yatra Online Q1 Adj EPS $0.39 Beats $(0.02) Estimate, Sales $13.48M Miss $13.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yatra Online (NASDAQ:YTRA) reported Q1 earnings of $0.39 per share, beating the analyst consensus estimate of $(0.02) by 2050 percent. However, the company's quarterly sales of $13.48 million missed the analyst consensus estimate of $13.57 million by 0.69 percent.
October 16, 2023 | 12:22 pm
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NEUTRAL IMPACT
Yatra Online's Q1 earnings significantly exceeded expectations, but sales fell short of estimates.
Yatra Online's significantly higher than expected earnings could boost investor confidence and potentially drive the stock price up. However, the missed sales estimate could counteract this positive effect, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100