Stran & Co Q3 EPS $0.04 Up From $(0.03) YoY, Sales $19.30M Miss $23.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stran & Co (NASDAQ:SWAG) reported Q3 earnings of $0.04 per share, a 233.33% increase YoY. However, the company's quarterly sales of $19.30 million missed the analyst consensus estimate of $23.41 million by 17.56%, despite a 41.91% increase over the same period last year.
November 06, 2023 | 12:03 pm
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Stran & Co's Q3 earnings beat last year's figures, but sales missed analyst estimates. This mixed result could lead to uncertainty in the market.
Stran & Co's earnings have improved significantly compared to last year, which is a positive sign. However, the company's sales missed analyst estimates, which could be a cause for concern among investors. The mixed results make it difficult to predict the short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100