CaliberCos Q3 2023 Gaap EPS $(0.16) Down From $0.22 YoY, Sales $17.02M Down From $19.51M YoY
Portfolio Pulse from saritha@benzinga.com
CaliberCos (NASDAQ:CWD) reported Q3 2023 GAAP EPS of $(0.16), a decrease of 172.73% from $0.22 YoY. Sales also decreased by 12.72% to $17.02M from $19.51M YoY.
November 09, 2023 | 9:28 pm
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NEGATIVE IMPACT
CaliberCos reported a significant decrease in both EPS and sales for Q3 2023, which could negatively impact the stock price in the short term.
CaliberCos reported a significant decrease in both earnings per share and sales for Q3 2023 compared to the same period last year. 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