Star Group Q1 EPS $0.32 Down From $0.33 YoY, Sales $528.10M Down From $648.19M YoY
Portfolio Pulse from Benzinga Newsdesk
Star Group reported a decrease in Q1 earnings to $0.32 per share from $0.33 YoY, with sales dropping to $528.10M from $648.19M YoY.
February 07, 2024 | 9:55 pm
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NEGATIVE IMPACT
Star Group's Q1 earnings and sales have both decreased compared to the same period last year, indicating potential challenges in revenue and profitability.
The decrease in both earnings per share and sales for Star Group suggests a negative impact on the company's financial health and operational efficiency. This could lead to a decrease in investor confidence and potentially lower stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100