Value Line Q2 EPS $0.37 Down From $0.46 YoY, Sales $9.61M Down From $10.07M YoY
Portfolio Pulse from Benzinga Newsdesk
Value Line (NASDAQ:VALU) reported a decrease in earnings and sales for Q2, with EPS at $0.37, down from $0.46 YoY, and sales at $9.61M, down from $10.07M YoY.
December 15, 2023 | 5:30 pm
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NEGATIVE IMPACT
Value Line reported a 19.57% decrease in EPS and a 4.53% decrease in sales for Q2 compared to the same period last year.
The reported decrease in both earnings per share and sales indicates a negative performance for the quarter compared to the previous year, which is likely to be viewed unfavorably by investors and could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100