Johnson Outdoors Q4 EPS $(1.56) Misses $(0.32) Estimate, Sales $96.34M Miss $121.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Johnson Outdoors reported Q4 earnings with an EPS of $(1.56), which missed the estimated $(0.32). Sales were also below expectations at $96.34M compared to the estimated $121.03M.
December 08, 2023 | 11:03 am
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NEGATIVE IMPACT
Johnson Outdoors reported a significant miss in both EPS and sales for Q4, with EPS at $(1.56) compared to the $(0.32) estimate and sales at $96.34M versus the expected $121.03M.
The significant miss in both earnings per share and sales for Johnson Outdoors is likely to negatively impact investor sentiment and the stock price in the short term. Earnings reports are critical events that investors watch closely, and missing estimates by a wide margin can lead to a loss of confidence and a potential sell-off.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100