Diamond Hill Investment Q3 Adj EPS $2.85 Down From $3.55 YoY, Sales $35.55M Down From $38.27M YoY
Portfolio Pulse from mahesh@benzinga.com
Diamond Hill Investment (NASDAQ:DHIL) reported a decrease in Q3 earnings and sales YoY. Earnings per share were $2.85, down 19.72% from $3.55 last year. Sales were $35.55 million, a 7.08% decrease from $38.27 million last year.
October 31, 2023 | 9:02 pm
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Diamond Hill Investment's Q3 earnings and sales have decreased YoY. This could potentially impact investor sentiment and the company's stock price.
Companies with declining earnings and sales are often viewed negatively by investors, which can lead to a decrease in the stock price. Given that Diamond Hill Investment's earnings and sales have both decreased YoY, this could potentially impact the company's stock price negatively in the short term.
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IMPORTANCE 80
RELEVANCE 100