Recap: GEE Group Q1 Earnings
Portfolio Pulse from Benzinga Insights
GEE Group (AMEX:JOB) reported Q1 earnings with an EPS of $-0.01, missing estimates by 200% and a revenue decrease of $10.52 million from the previous year. The company had previously beaten EPS estimates last quarter but experienced a 5.13% share price drop the following day. Historical performance shows fluctuating EPS and revenue figures over the past quarters.
February 13, 2024 | 9:45 pm
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NEGATIVE IMPACT
GEE Group reported disappointing Q1 earnings with a significant miss on EPS estimates and a notable decrease in revenue compared to last year.
The significant miss on EPS estimates and the decrease in revenue are likely to negatively impact investor sentiment and could lead to a short-term decrease in the stock price, similar to the post-earnings drop observed last quarter.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100