Liquidity Services Q4 EPS $0.26 Up From $0.19 YoY, Sales $79.96M Miss $82.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liquidity Services (NASDAQ:LQDT) reported a 36.84% increase in Q4 EPS to $0.26 from $0.19 YoY, but missed sales estimates with $79.96M compared to the expected $82.74M. Despite the miss, sales were up 6.32% from the same period last year.
December 07, 2023 | 11:57 am
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NEUTRAL IMPACT
Liquidity Services reported higher Q4 earnings but missed revenue estimates, which could lead to mixed market reactions.
While the increase in EPS is positive and may support the stock price, the miss on revenue estimates could concern investors about growth prospects, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100