Yatsen Holding Q3 EPADS $(0.03), Same YoY, Sales $98.43M Down From $120.60M YoY
Portfolio Pulse from Benzinga Newsdesk
Yatsen Holding (NYSE:YSG) reported Q3 earnings per share (EPADS) of $(0.03), consistent with the previous year. However, sales declined by 18.39% to $98.43M from $120.60M in the same quarter last year.
November 21, 2023 | 10:20 am
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NEGATIVE IMPACT
Yatsen Holding's Q3 earnings remained flat at $(0.03) per share, but sales saw a significant drop of 18.39% compared to last year.
The unchanged earnings per share (EPS) indicates stability in profitability, but the substantial decrease in sales suggests a potential decline in market demand or competitive position, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100