POSCO Holdings On Tuesday Reported Q3 EPS $1.38 Down From $1.46 YoY, Sales $14.43B Down From $15.82B YoY
Portfolio Pulse from Benzinga Newsdesk
POSCO Holdings (NYSE:PKX) reported a decrease in Q3 earnings and sales YoY. Earnings per share were $1.38, down 5.48% from $1.46 last year. Sales were $14.43 billion, down 8.82% from $15.82 billion last year.
October 25, 2023 | 7:07 pm
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POSCO Holdings reported a decrease in Q3 earnings and sales YoY. This could potentially impact the company's stock negatively in the short term.
Earnings reports are a significant factor in a company's stock performance. POSCO's reported decrease in earnings and sales could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
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