CPSI Q3 Adj EPS $0.45 Beats $0.42 Estimate, Sales $82.71M Miss $85.10M Estimate
Portfolio Pulse from totan@benzinga.com
CPSI reported Q3 earnings of $0.45 per share, beating the analyst consensus estimate of $0.42 by 7.14%. However, this is a 21.05% decrease from the same period last year. The company's quarterly sales of $82.71 million missed the analyst consensus estimate of $85.10 million by 2.81%, marking a 0.14% decrease from the same period last year.
November 08, 2023 | 9:29 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CPSI's Q3 earnings beat estimates but are down 21.05% YoY. Sales missed estimates and are down 0.14% YoY.
CPSI's earnings beat estimates, which is positive. However, the YoY decrease in earnings and sales, as well as the missed sales estimate, could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100