Jerash Holdings (US) Q2 EPS $0.03 Vs $0.14 YoY, Sales $33.36M Miss $36.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Jerash Holdings (US) reported a decrease in earnings per share (EPS) for Q2, with $0.03 compared to $0.14 year-over-year (YoY). Additionally, the company's sales of $33.36M fell short of the estimated $36.70M.
November 13, 2023 | 1:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Jerash Holdings reported lower Q2 EPS of $0.03 compared to $0.14 YoY and missed sales estimates, reporting $33.36M against the expected $36.70M.
The reported decrease in EPS and missed sales estimates are likely to negatively impact investor sentiment in the short term, leading to a potential drop in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100