RCM Technologies Q3 EPS $0.46 Beats $0.32 Estimate, Sales $58.05M Miss $60.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
RCM Technologies (NASDAQ:RCMT) reported Q3 earnings of $0.46 per share, beating the analyst consensus estimate of $0.32 by 43.75%. However, the company's quarterly sales of $58.05 million missed the analyst consensus estimate of $60.21 million by 3.59%.
November 08, 2023 | 10:17 pm
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NEUTRAL IMPACT
RCM Technologies' Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
RCM Technologies' earnings beat could boost investor confidence, but the sales miss might offset this positive sentiment. The net impact on the stock price could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100