Steel Partners Holdings Q3 EPS $1.14 Down From $1.45 YoY, Sales $492.25M Up From $425.67M YoY
Portfolio Pulse from Benzinga Newsdesk
Steel Partners Holdings (NYSE:SPLP) reported Q3 earnings of $1.14 per share, a decrease of 21.38% YoY. However, the company's sales increased by 15.64% YoY to $492.25 million.
November 09, 2023 | 1:30 pm
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NEUTRAL IMPACT
Steel Partners Holdings reported a decrease in Q3 earnings but an increase in sales YoY. This mixed result could lead to uncertain market reactions.
The decrease in earnings could negatively impact the stock price, while the increase in sales could have a positive effect. The net effect is uncertain, hence the neutral score.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100