Green Plains Q3 Adj EPS $0.25 Beats $(0.11) Estimate, Sales $892.77M Beat $819.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Plains (NASDAQ:GPRE) reported Q3 adjusted earnings of $0.25 per share, beating the analyst consensus estimate of $(0.11) by 327.27%. This is a 119.69% increase over losses of $(1.27) per share from the same period last year. The company also reported quarterly sales of $892.77 million, beating the analyst consensus estimate of $819.32 million by 8.96%, but a 6.51% decrease from $954.98 million the same period last year.
October 31, 2023 | 11:11 am
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POSITIVE IMPACT
Green Plains' Q3 earnings and sales beat estimates, indicating a strong financial performance. However, the decrease in sales compared to last year might be a concern.
Green Plains' Q3 earnings beat estimates, which is a positive signal for investors and could lead to a short-term increase in stock price. However, the decrease in sales compared to last year might indicate potential challenges in the company's operations, which could affect the stock price negatively in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100