RCI Hospitality Hldgs Q4 EPS $1.11 Misses $1.13 Estimate, Sales $75.25M Beat $74.76M Estimate
Portfolio Pulse from Happy Mohamed
RCI Hospitality Holdings (NASDAQ:RICK) reported Q4 earnings of $1.11 per share, missing the consensus estimate of $1.13 by 1.77%. Year-over-year, this represents a 23.45% decrease from $1.45 per share. However, the company's quarterly sales of $75.25M exceeded estimates by 0.66% and marked a 5.42% increase from the previous year's $71.38M.

December 14, 2023 | 9:06 pm
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RCI Hospitality reported lower-than-expected Q4 EPS at $1.11, missing estimates by 1.77%, but surpassed sales estimates with $75.25M, a 5.42% increase Y/Y.
The earnings miss is likely to negatively impact investor sentiment in the short term, despite the slight sales beat. Earnings per share (EPS) is a closely watched indicator, and missing estimates could lead to a decrease in stock price. However, the increase in sales suggests some underlying business strength, which may mitigate the negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100