Yatsen Holding Q3 2023 Adj EPADS $(0.03), Same YoY, Sales $98.43M Down From $120.60M YoY
Portfolio Pulse from totan@benzinga.com
Yatsen Holding (NYSE:YSG) reported Q3 2023 adjusted earnings per ADS 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 | 10:59 am
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NEGATIVE IMPACT
Yatsen Holding reported no change in adjusted earnings per ADS compared to last year, but a significant decrease in sales.
The unchanged earnings per ADS may not significantly impact the stock price, but the substantial decrease in sales suggests a negative performance trend that could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100