Delta Apparel Q4 2023 EPS $(2.34) Down From $(0.04) YoY, Revenue $91.4M Mises $97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Delta Apparel reported a significant decrease in Q4 2023 EPS to $(2.34) from $(0.04) year-over-year, with revenues of $91.4M falling short of the expected $97M estimate.
December 07, 2023 | 9:30 pm
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NEGATIVE IMPACT
Delta Apparel's Q4 2023 earnings show a substantial drop in EPS and missed revenue estimates, indicating potential negative investor sentiment.
The significant drop in EPS and missed revenue targets for Delta Apparel in Q4 2023 are likely to be viewed negatively by investors, potentially leading to a decrease in stock price in the short term. The magnitude of the EPS decrease and the revenue miss are substantial enough to raise concerns about the company's financial health and future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100