Barnwell Industries Q4 EPS $(0.01), Same YoY, Sales $6.84M Down From $8.38M YoY
Portfolio Pulse from Happy Mohamed
Barnwell Industries (AMEX:BRN) reported Q4 earnings with an EPS of $(0.01), which is unchanged from the previous year. However, sales decreased by 18.37% to $6.84M from $8.38M in the same quarter last year.
December 16, 2023 | 11:44 pm
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Barnwell Industries reported a stable EPS of $(0.01) but a significant decrease in sales by 18.37% in Q4 compared to last year.
The unchanged EPS indicates stability in earnings, but the substantial decrease in sales suggests potential challenges in revenue generation, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100