PLBY Group Q3 EPS $(0.22) Misses $(0.13) Estimate, Sales $33.28M Beat $32.48M Estimate
Portfolio Pulse from bharat@benzinga.com
PLBY Group reported Q3 losses of $(0.22) per share, missing the analyst consensus estimate of $(0.13) by 69.23%. This is a 146.81% decrease over earnings of $0.47 per share from the same period last year. However, the company reported quarterly sales of $33.28 million, beating the analyst consensus estimate of $32.48 million by 2.47%. This is a 47.69% decrease over sales of $63.62 million the same period last year.
November 09, 2023 | 9:16 pm
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PLBY Group's Q3 earnings per share missed estimates, but sales beat estimates. This mixed result could lead to uncertainty in the market.
PLBY Group's earnings per share missed estimates by a significant margin, which could negatively impact the stock price. However, the company beat sales estimates, which could offset some of the negative impact. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term price direction.
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