AdvanSix Q4 Adj. EPS $(0.10) Beats $(0.21) Estimate, Sales $382.21M Beat $335.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
AdvanSix (NYSE:ASIX) reported Q4 adjusted EPS of $(0.10), surpassing the $(0.21) estimate, and sales of $382.21M, exceeding the $335.87M estimate. This represents a 107.87% decrease in EPS and a 5.41% decrease in sales from the same period last year.
February 16, 2024 | 11:31 am
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AdvanSix reported better-than-expected Q4 results with an EPS of $(0.10) and sales of $382.21M, beating estimates but showing a decline from last year.
AdvanSix's better-than-expected Q4 earnings and sales figures, despite a year-over-year decline, could lead to a positive short-term impact on its stock price. Beating estimates typically results in positive investor sentiment, which can drive up the stock price in the short term.
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