Oppenheimer Holdings Q4 Adj. EPS $1.42 Down From 3.71 YoY; Revenue $308.289M Down From $313.580M YoY
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer Holdings reported a decrease in adjusted EPS to $1.42 in Q4 from $3.71 year-over-year. Revenue also declined to $308.289M from $313.580M in the same period.
January 26, 2024 | 1:20 pm
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NEGATIVE IMPACT
Oppenheimer Holdings reported a significant drop in adjusted EPS and a slight decline in revenue for Q4 compared to the previous year.
The reported decrease in both adjusted EPS and revenue indicates a negative performance for the quarter compared to the previous year, which is likely to be viewed unfavorably by investors. This could result in a short-term negative impact on the stock price of Oppenheimer Holdings.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100