Grocery Outlet Holding: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Grocery Outlet Holding (NASDAQ:GO) reported Q3 earnings, beating estimates by 14.81% with an EPS of $0.31. Revenue was up $85.73 million from the same period last year. Last quarter, the company also beat EPS estimates, which was followed by a 4.38% increase in the share price the next day.
November 07, 2023 | 9:11 pm
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POSITIVE IMPACT
Grocery Outlet Holding's Q3 earnings beat estimates, which could lead to a positive impact on its share price, as seen in the previous quarter.
Grocery Outlet Holding has reported a strong Q3 earnings, beating estimates by 14.81%. This positive financial performance could lead to an increase in investor confidence and a potential rise in the company's share price. This is further supported by the company's past performance, where a beat on EPS estimates in the previous quarter led to a 4.38% increase in the share price the next day.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100