Prestige Consumer Q3 EPS $1.06 Beats $1.04 Estimate, Sales $282.74M Beat $280.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Prestige Consumer (NYSE:PBH) reported Q3 earnings of $1.06 per share, surpassing the $1.04 estimate, and sales of $282.74M, beating the $280.25M estimate. This represents a 1.92% increase in earnings and a 2.62% increase in sales over the same period last year.
February 08, 2024 | 11:03 am
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Prestige Consumer reported a positive Q3 earnings surprise with $1.06 EPS and $282.74M in sales, beating estimates and showing year-over-year growth.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The year-over-year growth in both metrics further strengthens the case for a positive impact on PBH's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100