TSR Q2 EPS $0.20 Down From $0.30 YoY, Sales $21.66M Down From $26.03M YoY
Portfolio Pulse from Benzinga Newsdesk
TSR, Inc. (NASDAQ:TSRI) reported a decrease in earnings and sales for Q2, with EPS dropping to $0.20 from $0.30 YoY and sales falling to $21.66M from $26.03M YoY, representing a 33.33% and 16.80% decrease respectively.
January 11, 2024 | 10:02 pm
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NEGATIVE IMPACT
TSR, Inc. (NASDAQ:TSRI) experienced a significant decrease in both earnings per share and sales compared to the same quarter last year, indicating potential challenges in the company's performance.
The reported decrease in both earnings per share and sales is a strong indicator of underperformance relative to the previous year. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100