Expro Gr Hldgs Q4 Adj. EPS $0.06 Misses $0.10 Estimate, Sales $406.75M Beat $382.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Expro Gr Hldgs (NYSE:XPRO) reported Q4 adjusted EPS of $0.06, missing the $0.10 estimate, a 72.73% decrease from last year. Sales were $406.75M, beating the $382.91M estimate, up 15.89% from last year.
February 21, 2024 | 11:59 am
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NEUTRAL IMPACT
Expro Gr Hldgs reported a significant miss in Q4 adjusted EPS at $0.06 vs. the $0.10 estimate, and a 72.73% decrease from the previous year. However, sales exceeded expectations at $406.75M, a 15.89% increase YOY.
The missed EPS could negatively impact investor sentiment and stock price in the short term. However, the better-than-expected sales figures and year-over-year sales growth might offset some of the negative impact, leading to a neutral short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100