Conifer Holdings Q3 2023 Adj EPS $(0.41) Misses $0.02 Estimate, Sales $23.98M Beat $23.01M Estimate
Portfolio Pulse from saritha@benzinga.com
Conifer Holdings (NASDAQ:CNFR) reported Q3 2023 losses of $(0.41) per share, missing the analyst consensus estimate of $0.02 by 2150 percent. This is a 215.38 percent decrease from the same period last year. However, the company's quarterly sales of $23.98 million beat the analyst consensus estimate of $23.01 million by 4.21 percent, a 3.92 percent decrease from last year.
November 09, 2023 | 10:02 pm
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Conifer Holdings reported a significant miss on EPS for Q3 2023, but beat sales estimates. This mixed result could lead to uncertainty in the market.
Conifer Holdings reported a significant miss on EPS, which is a key metric for profitability. This could negatively impact investor sentiment. However, the company beat sales estimates, which could offset some of the negative sentiment. The net impact on the stock price is uncertain.
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RELEVANCE 100