RCI Hospitality Hldgs Q1 2024 Adj EPS $0.87 Misses $1.00 Estimate, Sales $73.91M Beat $73.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
RCI Hospitality Holdings (RICK) reported Q1 2024 adjusted EPS of $0.87, missing the $1.00 estimate, but sales of $73.91M exceeded the $73.59M estimate, marking a 5.63% increase from the previous year.
February 08, 2024 | 9:48 pm
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RCI Hospitality Holdings reported a mixed Q1 2024 earnings result with an EPS miss but a slight beat on sales, showing a year-over-year growth.
The mixed earnings report from RCI Hospitality Holdings, with an EPS miss but a sales beat, could lead to neutral short-term stock price movement. Investors might weigh the negative impact of the earnings miss against the positive sales growth, leading to uncertain short-term price direction.
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