FG Group Holdings Q3 2023 Gaap EPS $(0.17) Down From $(0.11) YoY, Sales $11.09M Up From $10.27M YoY
Portfolio Pulse from saritha@benzinga.com
FG Group Holdings (AMEX:FGH) reported Q3 2023 losses of $(0.17) per share, a 54.55% decrease YoY. However, the company's sales increased by 7.98% to $11.09 million compared to $10.27 million in the same period last year.
November 09, 2023 | 9:37 pm
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NEUTRAL IMPACT
FG Group Holdings reported a significant YoY decrease in EPS, but an increase in sales. This mixed result could lead to uncertainty among investors.
The company's EPS has significantly decreased compared to the same period last year, which could negatively impact the stock price. However, the increase in sales could offset this negative impact, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100