SharkNinja Q4 2023 Adj EPS $0.94 Beats $0.86 Estimate, Sales $1.38B Beat $1.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
SharkNinja (NYSE:SN) reported Q4 2023 adjusted EPS of $0.94, surpassing the $0.86 estimate, and sales of $1.38B, exceeding the $1.31B estimate. This represents a 74.07% increase in earnings and a 16.40% increase in sales compared to the same period last year.
February 15, 2024 | 12:08 pm
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SharkNinja reported a significant beat on both earnings and sales estimates for Q4 2023, with a notable year-over-year growth in both metrics.
SharkNinja's earnings and sales beat, coupled with substantial year-over-year growth, are likely to positively impact investor sentiment and the stock price in the short term. The company's performance exceeds analyst expectations, indicating strong operational efficiency and market demand for its products.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100