Phibro Animal Health Q1 EPS $0.14 Misses $0.23 Estimate, Sales $231.30M Miss $242.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Phibro Animal Health (NASDAQ:PAHC) reported Q1 earnings of $0.14 per share, missing the analyst consensus estimate of $0.23 by 39.13%. This is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $231.30 million, missing the analyst consensus estimate of $242.04 million by 4.44%. This is a 0.52% decrease from the same period last year.
November 08, 2023 | 9:44 pm
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NEGATIVE IMPACT
Phibro Animal Health's Q1 earnings and sales missed estimates, with a significant decrease YoY. This could negatively impact the company's stock in the short term.
Phibro Animal Health's earnings and sales for Q1 have both missed estimates, with a significant decrease compared to the same period last year. This could lead to a decrease in investor confidence, potentially leading to a drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100