Redwire Q3 2023 Gaap EPS $(0.14), Inline, Sales $62.61M Beat $60.35M Estimate
Portfolio Pulse from saritha@benzinga.com
Redwire (NYSE:RDW) reported Q3 2023 GAAP EPS of $(0.14), in line with analyst consensus. The company's quarterly sales were $62.61M, beating the estimate of $60.35M by 3.75%. This represents a 68.09% increase over the same period last year.
November 06, 2023 | 9:58 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Redwire's Q3 2023 earnings were in line with estimates, while sales beat expectations and showed significant YoY growth.
Redwire's earnings were in line with analyst expectations, which is generally seen as a positive sign. Moreover, the company's sales not only beat estimates but also showed a significant year-over-year increase, which could lead to a positive market reaction and potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100