Flexible Solutions Intl Q3 EPS $(0.06) Misses $0.09 Estimate, Sales $8.72M Miss $11.93M Estimate
Portfolio Pulse from bharat@benzinga.com
Flexible Solutions International Inc. (FSI) reported a Q3 EPS of $(0.06), significantly missing the $0.09 estimate, and sales of $8.72M, also below the expected $11.93M. Compared to last year, EPS decreased by 166.67%, and sales dropped by 25.37%.
November 14, 2023 | 9:42 pm
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NEGATIVE IMPACT
FSI's Q3 earnings and sales significantly missed analyst estimates, indicating potential challenges in the company's performance.
The substantial miss in both earnings per share and sales compared to analyst estimates and the previous year's figures is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100