BrightSphere Investment Q4 Adj EPS $0.77 Beats $0.58 Estimate, Adj Sales $131.00M Beat $123.00M Estimate
Portfolio Pulse from totan@benzinga.com
BrightSphere Investment (NYSE:BSIG) reported Q4 adjusted EPS of $0.77, surpassing the $0.58 estimate, and adjusted sales of $131.00M, exceeding the $123.00M estimate. This represents a 14.93% increase in EPS and a 7.11% increase in sales from the same period last year.
February 01, 2024 | 12:04 pm
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POSITIVE IMPACT
BrightSphere Investment (BSIG) reported a significant beat on both earnings and sales estimates for Q4, with adjusted EPS at $0.77 and sales at $131.00M.
The substantial beat on both earnings per share and sales estimates for BrightSphere Investment indicates a strong financial performance and could lead to positive investor sentiment in the short term. The reported growth over the previous year's figures further strengthens the case for a potential increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100