Willdan Group Q3 2023 Adj EPS $0.37 Beats $0.36 Estimate, Sales $65.28M Beat $60.47M Estimate
Portfolio Pulse from vinayak@benzinga.com
Willdan Group (NASDAQ:WLDN) reported Q3 2023 earnings of $0.37 per share, beating the analyst consensus estimate of $0.36 by 2.78%. However, this is a 11.9% decrease from the same period last year. The company also reported quarterly sales of $65.28 million, beating the estimate of $60.47 million by 7.96%, and marking a 10.76% increase from the same period last year.
November 02, 2023 | 8:32 pm
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NEUTRAL IMPACT
Willdan Group's Q3 2023 earnings and sales exceeded estimates, but earnings decreased compared to the same period last year.
While Willdan Group beat earnings and sales estimates, the decrease in earnings compared to the same period last year may cause some investor concern. This mixed result could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100