Sadot Group Q3 2023 EPS $(0.14) Down From $(0.07) YoY, Revenue $182M Beats $175.344M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sadot Group reported a Q3 2023 EPS of $(0.14), a decrease from $(0.07) in the same quarter last year. However, their revenue of $182M exceeded the estimate of $175.344M.
November 14, 2023 | 9:44 pm
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NEUTRAL IMPACT
Sadot Group's Q3 earnings per share (EPS) declined year-over-year, but revenue outperformed expectations.
While the EPS decline suggests profitability issues, the revenue beat may indicate strong sales performance or market share gains. Investors may have mixed reactions, balancing concerns over profitability with optimism about revenue growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100