Quipt Home Medical Q4 EPS $(0.03) Down From $0.05 YoY, Sales $62.52M Miss $62.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quipt Home Medical (QIPT) reported a Q4 EPS of $(0.03), a decrease from $0.05 YoY. Sales were $62.52M, missing the $62.88M estimate but marking a 55.94% increase from the previous year.
December 18, 2023 | 10:27 pm
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NEGATIVE IMPACT
Quipt Home Medical reported a decrease in EPS and a slight miss in sales estimates for Q4, although sales grew YoY.
The reported decrease in EPS and missed sales estimates are likely to negatively impact investor sentiment in the short term, despite the year-over-year sales growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100