SiteOne Landscape Supply Q3 EPS $1.25 Misses $1.44 Estimate, Sales $1.15B Beat $1.14B Estimate
Portfolio Pulse from Benzinga Newsdesk
SiteOne Landscape Supply (NYSE:SITE) reported Q3 earnings of $1.25 per share, missing the analyst consensus estimate of $1.44 by 13.19%. This is a 21.88% decrease from the same period last year. However, the company reported quarterly sales of $1.15 billion, beating the analyst consensus estimate of $1.14 billion by 0.44%. This is a 3.81% increase from the same period last year.
November 01, 2023 | 10:05 am
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SiteOne Landscape Supply's Q3 earnings missed estimates, but sales beat expectations. This mixed report may lead to uncertainty in the market.
SiteOne Landscape Supply's earnings miss could negatively impact the stock price. However, the sales beat could offset this negative impact. The mixed results may lead to uncertainty among investors, potentially causing volatility in the stock price.
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