Recap: Leslies Q4 Earnings
Portfolio Pulse from Benzinga Insights
Leslies (NASDAQ:LESL) reported Q4 earnings with an EPS of $0.14, missing the estimate of $0.18 by 22.22%. Revenue also declined by $43.22 million compared to the same period last year. In the previous quarter, LESL beat EPS estimates by $0.01, leading to a 4.93% share price increase the following day. The company's past earnings performance shows mixed results with both beats and misses on EPS and revenue estimates.
November 28, 2023 | 9:30 pm
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Leslies reported lower-than-expected Q4 earnings and a significant decline in revenue compared to last year, which could negatively impact investor sentiment and the stock price in the short term.
Given that Leslies missed the EPS estimate by a notable margin and reported a decrease in revenue, the stock is likely to face downward pressure. Historically, the stock increased after beating earnings last quarter, suggesting sensitivity to earnings performance. The miss could reverse this sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100