SpartanNash Q4 Adj. EPS $0.35 Misses $0.38 Estimate, Sales $2.25B Miss $2.27B Estimate
Portfolio Pulse from Benzinga Newsdesk
SpartanNash reported Q4 adjusted EPS of $0.35, missing the $0.38 estimate, and sales of $2.25B, missing the $2.27B estimate. This represents a 25% increase in EPS from last year but a 2.77% decrease in sales.
February 15, 2024 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SpartanNash's Q4 earnings missed estimates with an adjusted EPS of $0.35 and sales of $2.25B, indicating a mixed performance.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the increase in EPS year-over-year might mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100