Tile Shop Holdings Q3 EPS $0.04 Down From $0.08 YoY, Sales $92.11M Miss $96.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tile Shop Holdings (NASDAQ:TTSH) reported Q3 earnings of $0.04 per share, a 50% decrease YoY. The company's quarterly sales were $92.11 million, missing the analyst consensus estimate of $96.76 million by 4.80%. This represents a 5.19% decrease in sales compared to the same period last year.
November 02, 2023 | 11:07 am
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NEGATIVE IMPACT
Tile Shop Holdings reported a significant decrease in Q3 earnings and sales, missing analyst estimates. This could negatively impact the company's stock in the short term.
Tile Shop Holdings reported a 50% decrease in earnings and a 5.19% decrease in sales YoY, missing analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100