Recap: MSA Safety Q4 Earnings
Portfolio Pulse from Benzinga Insights
MSA Safety (NYSE:MSA) reported Q4 earnings on February 14, 2024, surpassing estimated earnings by 10.16% with an EPS of $2.06 against an estimate of $1.87. Revenue increased by $52.10 million from the same period last year. The company has a history of beating EPS estimates, which in the past has led to a share price increase the following day.
February 14, 2024 | 9:50 pm
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MSA Safety reported a 10.16% earnings beat for Q4 with an EPS of $2.06, exceeding the $1.87 estimate. Revenue increased by $52.10 million from the previous year.
MSA Safety's Q4 earnings beat and revenue increase are significant indicators of the company's strong performance. Historically, beating earnings estimates has led to a positive share price movement the following day, as seen in the last quarter. Given this pattern and the substantial beat, it's likely that MSA's stock price will experience short-term positive momentum.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100