Birkenstock Holding Q4 Adj. EPS $0.14 Beats $0.08 Estimate, Sales $407.67M Beat $303.31M Estimate
Portfolio Pulse from Benzinga Newsdesk
Birkenstock Holding (NYSE:BIRK) reported Q4 adjusted earnings per share of $0.14, surpassing the consensus estimate of $0.08 by 75%. Quarterly sales reached $407.67M, exceeding estimates by 34.41% compared to the expected $303.31M.
January 18, 2024 | 10:46 am
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Birkenstock Holding reported strong Q4 earnings, with both EPS and sales figures surpassing analyst estimates significantly.
The substantial beat on both the top and bottom lines for Birkenstock Holding in Q4 is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price. Strong earnings results are often a catalyst for stock appreciation as they indicate better-than-expected financial health and performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100