Haynes Intl Q1 EPS $0.60 Vs $0.61 YoY, Sales $147.36M Miss $151.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Haynes International reported its Q1 earnings with an EPS of $0.60 compared to $0.61 year-over-year, and sales of $147.36M, missing the estimated $151.94M.
February 05, 2024 | 11:07 am
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NEGATIVE IMPACT
Haynes International's Q1 earnings showed a slight decrease in EPS from $0.61 to $0.60 YoY and missed sales estimates by approximately $4.58M.
The slight decrease in EPS and the miss in sales estimates could indicate potential challenges in the company's operations or market conditions, likely leading to a negative short-term impact on the stock price. Given the direct financial nature of the news, its relevance and importance to investors are high, as these figures are crucial for evaluating the company's performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100