Argo Gr Intl Hldgs Q3 EPS $(0.60) May Not Compare To $0.51 Estimate, Sales $342.70M Miss $357.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Argo Gr Intl Hldgs (NYSE:ARGO) reported Q3 losses of $(0.60) per share, missing the analyst consensus estimate of $0.51 by 217.65%. This is a 236.36% decrease from the same period last year. The company also reported quarterly sales of $342.70 million, missing the analyst consensus estimate of $357.80 million by 4.22%, a 24.68% decrease from the same period last year.
November 08, 2023 | 10:40 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Argo Gr Intl Hldgs reported Q3 losses and lower sales, both missing analyst estimates. This could negatively impact the company's stock in the short term.
Argo Gr Intl Hldgs reported a significant decrease in earnings and sales compared to the same period last year, and both figures missed analyst estimates. This could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100