Universal Security Q3 EPS $0.04 Down From $0.15 YoY, Sales $4.66M Down From $5.76M YoY
Portfolio Pulse from Happy Mohamed
Universal Security (AMEX:UUU) reported a significant decrease in both earnings and sales for Q3, with EPS dropping to $0.04 from $0.15 YoY and sales falling to $4.66M from $5.76M YoY.
February 20, 2024 | 9:58 pm
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NEGATIVE IMPACT
Universal Security reported a 73.33% decrease in EPS and a 19.17% decrease in sales for Q3 YoY.
The significant drop in both earnings per share (EPS) and sales year-over-year (YoY) for Universal Security indicates a substantial negative impact on the company's financial health. This is likely to lead to a negative perception among investors and could result in a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100