OTC Markets Gr Q3 2023 Adj EPS $0.87 Beats $0.61 Estimate, Sales $26.23M Miss $27.89M Estimate
Portfolio Pulse from totan@benzinga.com
OTC Markets Gr (OTC:OTCM) reported Q3 2023 earnings of $0.87 per share, beating the analyst consensus estimate of $0.61 by 42.62%. However, the company's quarterly sales of $26.23 million missed the analyst consensus estimate of $27.89 million by 5.94%. This represents a 1.14% decrease in earnings and a 4.34% increase in sales compared to the same period last year.
November 08, 2023 | 10:08 pm
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NEUTRAL IMPACT
OTC Markets Gr's Q3 2023 earnings beat estimates but sales missed, indicating mixed performance. This could lead to uncertainty among investors.
OTC Markets Gr's earnings beat estimates, which is typically a positive signal for the stock. However, the company's sales missed estimates, which could offset some of the positive sentiment. The net impact on the stock is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100