SFL Corp Q4 EPS $0.25 Beats $0.13 Estimate, Sales $209.57M Beat $193.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
SFL Corp reported Q4 earnings of $0.25 per share, surpassing the $0.13 estimate, and sales of $209.57M, exceeding the $193.71M estimate. This represents a 34.21% decrease in earnings per share and a 5.94% increase in sales compared to the same period last year.
February 14, 2024 | 2:11 pm
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SFL Corp exceeded Q4 earnings and sales estimates, with a notable decrease in earnings per share compared to last year but an increase in sales.
Beating both earnings and sales estimates typically generates positive investor sentiment, potentially leading to a short-term increase in stock price. However, the decrease in earnings per share year-over-year might temper some of the positive impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100