Recap: Natural Grocers Q4 Earnings
Portfolio Pulse from Benzinga Insights
Natural Grocers (NYSE:NGVC) reported Q4 earnings with an EPS of $0.26, beating estimates by 30% and showing a revenue increase of $20.87 million from the previous year. The company has a history of surpassing EPS estimates, which in the past has led to a share price increase the following day.
November 16, 2023 | 9:15 pm
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Natural Grocers reported a strong Q4 with EPS of $0.26, surpassing estimates by 30%, and a significant year-over-year revenue increase. Historical data shows past earnings beats often lead to share price increases.
Natural Grocers' Q4 earnings beat is likely to positively impact the stock price in the short term, as seen in previous quarters where earnings beats were followed by share price increases. The substantial beat and revenue growth reinforce investor confidence and could lead to a similar reaction in the stock market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100