North American Q3 Adj EPS $0.40 Misses $0.45 Estimate, Sales $145.17M Miss $161.67M Estimate
Portfolio Pulse from totan@benzinga.com
North American (NYSE:NOA) reported Q3 earnings of $0.40 per share, missing the analyst consensus estimate of $0.45 by 11.11%. This is a 20% decrease from the same period last year. The company also reported quarterly sales of $145.17 million, missing the analyst consensus estimate of $161.67 million by 10.21%. This is a 1.06% decrease from the same period last year.
November 01, 2023 | 9:26 pm
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North American's Q3 earnings and sales missed estimates, with a YoY decrease of 20% in earnings and 1.06% in sales.
North American's missed earnings and sales estimates, along with a YoY decrease in both, could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100