Imperial Ptrl Q3 EPS $0.19 Down From $1.20 YoY, Sales $29.38M Down From $42.64M YoY
Portfolio Pulse from vinayak@benzinga.com
Imperial Ptrl (NASDAQ:IMPP) reported Q3 earnings of $0.19 per share, a decrease of 84.17% YoY. The company also reported sales of $29.38 million, a decrease of 31.10% YoY.
October 25, 2023 | 1:35 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 and sales YoY indicates a negative financial performance for Imperial Ptrl. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100