Vodafone Group H1 Adj EPS $0.04 Down From $0.06 YoY, Sales $23.88B Up From $23.78B YoY
Portfolio Pulse from Benzinga Newsdesk
Vodafone Group reported a decrease in H1 adjusted EPS to $0.04 from $0.06 YoY, while sales slightly increased to $23.88B from $23.78B YoY.
November 14, 2023 | 8:24 am
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Vodafone Group's H1 adjusted EPS fell to $0.04 from $0.06 YoY, despite a marginal increase in sales to $23.88B from $23.78B YoY.
The decrease in adjusted EPS by 38.33% is a significant drop in profitability, which is likely to be viewed negatively by investors. Although there is a slight increase in sales, the impact on the stock price is expected to be negative in the short term due to the larger emphasis investors place on earnings performance.
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