Pro-Dex Q1 EPS $(0.17) May Not Compare To $0.32 Estimate, Sales $11.94M Beat $11.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pro-Dex (NASDAQ:PDEX) reported Q1 losses of $(0.17) per share, missing the analyst consensus estimate of $0.32 by 153.13%. This is a 158.62% decrease from the same period last year. However, the company's quarterly sales of $11.94 million beat the analyst consensus estimate of $11.20 million by 6.59%, a 7.68% increase from last year.
November 02, 2023 | 8:57 pm
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NEGATIVE IMPACT
Pro-Dex's Q1 earnings per share missed estimates by 153.13%, but sales beat estimates by 6.59%.
Pro-Dex's Q1 earnings per share significantly missed estimates, which could negatively impact investor sentiment and the stock price. However, the company's sales beat estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100