Recap: Buckle Q3 Earnings
Portfolio Pulse from Benzinga Insights
Buckle (NYSE:BKE) reported Q3 earnings with an EPS of $1.04, beating estimates by 6.12% but with a revenue decrease of $28.88 million from the same period last year. The company had previously beaten EPS estimates last quarter, which led to a 2.52% share price increase the following day.
November 17, 2023 | 11:55 am
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Buckle's Q3 earnings beat estimates with an EPS of $1.04, outperforming by 6.12%, but saw a year-over-year revenue decline.
Buckle's positive earnings surprise could lead to a short-term positive impact on the stock price, similar to the last quarter's reaction. However, the decline in revenue might temper investor enthusiasm, potentially limiting the upside.
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