Delta Apparel: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Delta Apparel (AMEX:DLA) reported Q4 earnings with an EPS of $-0.72, beating the estimate by 10.0% but with a revenue decrease of $24.10 million from the same period last year. The company's past earnings performance shows inconsistency, with a significant share price drop following the last quarter's earnings beat.
December 07, 2023 | 9:45 pm
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Delta Apparel reported a better-than-expected Q4 EPS but with lower year-over-year revenue. Historical data suggests potential volatility in the stock price following earnings reports.
While Delta Apparel beat the EPS estimate, the decrease in revenue and past stock price drop post-earnings beat suggests a mixed reaction in the short term. The market may react positively to the earnings beat but could be concerned about the revenue decline.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100