Camtek Q4 Adj EPS $0.57 Beats $0.53 Estimate, Sales $88.69M Beat $88.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Camtek (NASDAQ:CAMT) reported Q4 adjusted EPS of $0.57, surpassing the $0.53 estimate, marking a 14% increase from last year. Sales reached $88.69M, exceeding the $88.03M estimate, up 7.93% from the previous year.
February 20, 2024 | 11:47 am
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Camtek reported a strong Q4 with EPS and sales beating estimates, indicating robust financial health and growth.
Beating both EPS and sales estimates suggests Camtek is outperforming expectations, which typically leads to positive investor sentiment and potentially higher stock prices in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100