Green Plains Q4 EPS $0.12 Misses $0.15 Estimate, Sales $712.40M Miss $781.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Plains (NASDAQ:GPRE) reported Q4 earnings of $0.12 per share, missing the $0.15 estimate, and sales of $712.40M, missing the $781.96M estimate. This represents a 118.18% increase in earnings and a 22.06% decrease in sales from the same period last year.
February 07, 2024 | 11:58 am
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Green Plains reported lower-than-expected Q4 earnings and sales, with earnings per share at $0.12 vs. the $0.15 estimate and sales at $712.40M vs. the $781.96M estimate.
Missing both earnings and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The significant miss in both key financial metrics indicates underperformance, which is likely to be viewed unfavorably by the market.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100