CoreCard Q3 GAAP EPS $(0.03) Vs $0.16 Prior Year, Sales $13.40M Miss $14.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
CoreCard (NYSE:CCRD) reported Q3 GAAP EPS of $(0.03), a decrease of 118.75% from $0.16 per share last year. Quarterly sales were $13.40 million, missing the analyst consensus estimate of $14.30 million by 6.30% and marking a 7.27% decrease from $14.45 million the same period last year.
November 01, 2023 | 11:09 am
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NEGATIVE IMPACT
CoreCard's Q3 earnings and sales missed estimates, indicating a potential negative impact on its stock price.
CoreCard's Q3 earnings and sales fell short of estimates, which could lead to a decrease in its stock price as it indicates the company's performance is not meeting market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100