Star Group Q4 EPS $(0.55) Up From $(1.36) YoY, Sales $266.94M Down From $296.64M YoY
Portfolio Pulse from Benzinga Newsdesk
Star Group (NYSE:SGU) reported a narrower Q4 loss of $(0.55) per share compared to $(1.36) per share in the same quarter last year. However, sales decreased by 10.01% to $266.94M from $296.64M in the same period.
December 06, 2023 | 9:37 pm
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NEUTRAL IMPACT
Star Group reported improved Q4 EPS but lower sales compared to last year. EPS was $(0.55), up from $(1.36) YoY, while sales were $266.94M, down from $296.64M YoY.
The narrower loss per share indicates improved profitability, which could be seen positively by investors. However, the decrease in sales suggests a potential concern for growth, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100