Imperial Ptrl Q3 EPS $0.19 Down From $1.20 YoY, Sales $29.40M Down From $42.64M YoY
Portfolio Pulse from Benzinga Newsdesk
Imperial Ptrl (NASDAQ:IMPP) reported Q3 earnings of $0.19 per share, a decrease of 84.17% YoY. The company also reported sales of $29.40 million, a decrease of 31.05% YoY.
October 25, 2023 | 1:22 pm
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NEGATIVE IMPACT
Imperial Ptrl's Q3 earnings and sales have significantly decreased compared to the same period last year.
The significant decrease in both earnings per share and sales indicates a poor financial performance for Imperial Ptrl in Q3. This could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
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