Tootsie Roll Industries Q3 EPS $0.49 Up From $0.38 YoY, Sales $248.34M Up From $211.89M YoY
Portfolio Pulse from Happy Mohamed
Tootsie Roll Industries (NYSE:TR) reported Q3 earnings of $0.49 per share, a 28.95% increase YoY. The company also reported sales of $248.34 million, a 17.20% increase YoY.
October 26, 2023 | 3:02 pm
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POSITIVE IMPACT
Tootsie Roll Industries reported a significant increase in Q3 earnings and sales YoY.
The company reported a significant increase in both earnings per share and sales compared to the same period last year. This indicates a strong financial performance and could lead to a positive market reaction, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100