Westrock Coffee Q3 EPS $0.15 Up From $(0.41) YoY, Sales $219.61M Miss $235.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
Westrock Coffee (NASDAQ:WEST) reported Q3 earnings of $0.15 per share, a 136.59% increase YoY. However, the company's quarterly sales of $219.61M missed the analyst consensus estimate of $235.42M by 6.72%, marking a 4.64% decrease YoY.
November 09, 2023 | 10:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Westrock Coffee reported a significant increase in Q3 earnings YoY, but missed sales estimates by 6.72%, indicating mixed financial performance.
Westrock Coffee's Q3 earnings significantly increased YoY, which is a positive signal for investors. However, the company missed sales estimates by 6.72%, which could negatively impact investor sentiment. The mixed financial performance makes it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100