IES Hldgs Q4 Adj. EPS $1.74 Up From $0.95 YoY, Sales $649.00M Up From $617.00M YoY
Portfolio Pulse from Benzinga Newsdesk
IES Holdings (IESC) reported a significant increase in Q4 adjusted EPS to $1.74, up 83.16% from $0.95 YoY. Sales also rose to $649.00M, a 5.19% increase from $617.00M YoY.
December 07, 2023 | 12:46 pm
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IES Holdings reported strong Q4 earnings with a significant rise in adjusted EPS and a moderate increase in sales compared to the same period last year.
The substantial increase in adjusted EPS indicates significant earnings growth, which is typically viewed positively by investors and could lead to a short-term increase in stock price. The sales growth, although more modest, further supports a positive outlook for the company's financial performance.
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