Recap: Issuer Direct Q3 Earnings
Portfolio Pulse from Benzinga Insights
Issuer Direct (AMEX:ISDR) reported Q3 earnings, missing estimated earnings by 22.86% with an EPS of $0.27 versus an estimate of $0.35. However, revenue was up $2.29 million from the same period last year. Last quarter, the company beat EPS estimates, which was followed by a 7.86% increase in the share price.
November 09, 2023 | 9:10 pm
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NEUTRAL IMPACT
Issuer Direct's Q3 earnings missed estimates, which could negatively impact the stock price. However, the increase in revenue could offset this impact.
Issuer Direct's earnings miss could lead to a negative reaction from investors, potentially driving the stock price down. However, the increase in revenue indicates growth, which could have a positive effect and offset the negative impact of the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100