Air T Q3 2024 EPs $(1.06) Down From $(0.21) YoY, Revenue $63.8M Up From $61.4M
Portfolio Pulse from Benzinga Newsdesk
Air T reported a Q3 2024 EPS of $(1.06), a significant decrease from $(0.21) YoY. However, their revenue increased to $63.8M from $61.4M in the same period.

February 12, 2024 | 9:32 pm
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NEUTRAL IMPACT
Air T's Q3 2024 earnings report showed a significant decrease in EPS but an increase in revenue.
The significant decrease in EPS indicates a drop in profitability, which could negatively impact investor sentiment. However, the increase in revenue suggests growth in the company's operations, potentially offsetting some negative perceptions. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100