Yatra Online Q3 EPS $(0.01) Up From $(0.03) YoY, Sales $13.40M Down From $18.00M YoY
Portfolio Pulse from Benzinga Newsdesk
Yatra Online (NASDAQ:YTRA) reported a Q3 EPS of $(0.01), improving from $(0.03) YoY. However, sales decreased to $13.40M from $18.00M YoY, marking a 25.54% decline.
February 14, 2024 | 1:00 pm
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NEUTRAL IMPACT
Yatra Online reported a smaller loss per share in Q3 compared to last year but experienced a significant decrease in sales.
The improvement in EPS suggests operational efficiency or cost control, which could be viewed positively by investors. However, the significant decrease in sales indicates potential challenges in revenue generation, which could offset the positive impact of the improved EPS. The net effect on the stock price is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100