Daseke Q3 Adj. EPS $0.12, Inline, Sales $402.30M Beat $398.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Daseke (NASDAQ:DSKE) reported Q3 adjusted earnings of $0.12 per share, meeting analyst consensus. This is a 64.71% decrease from last year's earnings. The company's quarterly sales of $402.30 million beat the analyst consensus estimate of $398.85 million by 0.86%, but this is a 13.07% decrease from last year's sales.
November 09, 2023 | 11:43 am
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Daseke's Q3 earnings met expectations but are significantly lower than last year. Sales beat estimates but also decreased compared to last year.
Daseke's earnings met analyst expectations, which is positive. However, the significant decrease in both earnings and sales compared to the same period last year is a negative signal, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100