Grupo Supervielle Q3 Adj EPS $0.35 Up From $(0.04) YoY, Adj Sales $211.70M Up From $148.71M YoY
Portfolio Pulse from Benzinga Newsdesk
Grupo Supervielle (NYSE:SUPV) reported a significant increase in Q3 adjusted earnings per share (EPS) to $0.35, up from a loss of $(0.04) in the same quarter last year. Adjusted sales also rose to $211.70 million, marking a 42.36% increase from $148.71 million in the previous year.
November 27, 2023 | 9:38 pm
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Grupo Supervielle reported a substantial increase in Q3 adjusted EPS to $0.35, compared to a loss last year, and a significant rise in sales to $211.70 million.
The reported increase in EPS and sales is a strong indicator of Grupo Supervielle's financial improvement and operational growth. Such positive earnings results are likely to instill investor confidence and could lead to a short-term increase in the stock price, reflecting the company's better-than-expected financial health.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100