Issuer Direct Q3 2023 Adj EPS $0.27 Misses $0.35 Estimate, Sales $7.57M Miss $8.90M Estimate
Portfolio Pulse from saritha@benzinga.com
Issuer Direct (AMEX:ISDR) reported Q3 2023 earnings of $0.27 per share, missing the analyst consensus estimate of $0.35 by 22.86%. The company's quarterly sales were $7.57 million, missing the estimate of $8.90 million by 14.96%. However, this represents a 43.35% increase over the same period last year.
November 09, 2023 | 9:08 pm
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NEGATIVE IMPACT
Issuer Direct's Q3 2023 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
Issuer Direct's earnings and sales for Q3 2023 missed analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100