Escalade Q3 EPS $0.31 Up From $0.22 YoY, Sales $73.36M Down From $74.90M YoY
Portfolio Pulse from Benzinga Newsdesk
Escalade (NASDAQ:ESCA) reported Q3 earnings of $0.31 per share, a 40.91% increase YoY. However, sales decreased by 2.06% to $73.36M compared to $74.90M in the same period last year.
October 26, 2023 | 10:09 am
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NEUTRAL IMPACT
Escalade's Q3 earnings increased by 40.91% YoY, but sales decreased by 2.06%.
While Escalade's earnings have increased significantly, the decrease in sales could be a concern for investors. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100