Boot Barn Holdings Sees Prelim. Q3 2024 EPS At Or Above $1.79; Revenue $520.4M Vs $527.91M Est.
Portfolio Pulse from Benzinga Newsdesk
Boot Barn Holdings announced preliminary Q3 2024 earnings per share (EPS) at or above $1.79, with revenue reported at $520.4 million, which is below the estimated $527.91 million.
January 05, 2024 | 9:17 pm
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Boot Barn Holdings reported a higher than expected EPS for Q3 2024 but missed revenue estimates, which could lead to mixed market reactions.
While the EPS beat is a positive signal of profitability, the revenue miss could raise concerns about growth and sales performance. Investors may react positively to the EPS beat, but the revenue shortfall could temper gains or even lead to a negative reaction if growth concerns are deemed significant.
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IMPORTANCE 75
RELEVANCE 100