Mastech Digital Q3 2023 Adj EPS $0.11 Misses $0.13 Estimate, Sales $47.78M Miss $49.44M Estimate
Portfolio Pulse from saritha@benzinga.com
Mastech Digital's Q3 2023 earnings per share (EPS) of $0.11 missed the analyst consensus estimate of $0.13 by 15.38%. This is a 66.67% decrease from the same period last year. The company's quarterly sales of $47.78 million also missed the analyst consensus estimate of $49.44 million by 3.36%, marking a 24.34% decrease from the same period last year.
November 01, 2023 | 11:49 am
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NEGATIVE IMPACT
Mastech Digital's Q3 2023 earnings and sales missed analyst estimates, marking significant decreases from the same period last year.
Mastech Digital's earnings and sales for Q3 2023 missed analyst estimates and showed significant year-over-year decreases. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100