Nathan's Famous Q3 EPS $0.64 Down From $0.79 YoY, Revenue $28.890M Up From $26.154M YoY
Portfolio Pulse from Benzinga Newsdesk
Nathan's Famous reported its Q3 earnings with an EPS of $0.64, a decrease from $0.79 YoY. However, its revenue increased to $28.890M from $26.154M YoY.
February 01, 2024 | 1:37 pm
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Nathan's Famous reported a decrease in EPS to $0.64 from $0.79 YoY but saw an increase in revenue to $28.890M from $26.154M YoY in its Q3 earnings.
The decrease in EPS might concern investors about profitability, but the increase in revenue indicates growth. The mixed results could lead to a neutral short-term impact on NATH's stock price as investors weigh the implications.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100