inTest Q3 Adj EPS $0.28 Beats $0.25 Estimate, Sales $32.66M Beat $32.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
inTest reported Q3 adjusted earnings of $0.28 per share, beating the analyst consensus estimate of $0.25 by 12%. The company also reported quarterly sales of $32.66 million, surpassing the analyst consensus estimate of $32.65 million by 0.04%. Both earnings and sales figures represent an increase from the same period last year.
November 03, 2023 | 10:35 am
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POSITIVE IMPACT
inTest's Q3 earnings and sales beat analyst estimates, which could lead to a positive market reaction in the short term.
inTest's Q3 earnings and sales figures exceeded analyst estimates, which is typically viewed positively by the market. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100