inTEST Sees Q4 Revenue Of $28M - $30M Vs. $32.4M Est; Adj EPS Of $0.12 - $0.17 Vs. $0.2 Est.
Portfolio Pulse from Benzinga Newsdesk
inTEST Corporation (INTT) has projected its Q4 revenue to be between $28M and $30M, which is lower than the estimated $32.4M. The company also expects its adjusted EPS to be between $0.12 and $0.17, lower than the estimated $0.2.
November 03, 2023 | 10:39 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
inTEST Corporation's projected Q4 revenue and adjusted EPS are lower than estimates, which could negatively impact its stock price.
Companies' stock prices often react to earnings reports. In this case, inTEST Corporation's lower than expected Q4 revenue and adjusted EPS projections could lead to a decrease in its stock price as it indicates potential financial instability or underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100