Thryv Holdings Q4 Adj. EPS $0.32 Misses $0.37 Estimate, Sales $236.16M Beat $231.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Thryv Holdings reported Q4 adjusted EPS of $0.32, missing the $0.37 estimate, and sales of $236.16M, beating the $231.79M estimate. This represents a 78.81% decrease in earnings and a 15.47% decrease in sales from the same period last year.
February 22, 2024 | 12:37 pm
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NEGATIVE IMPACT
Thryv Holdings reported a significant decrease in both earnings and sales compared to the same period last year, missing EPS estimates but beating sales forecasts.
The miss in EPS estimates and the significant year-over-year decrease in earnings are likely to negatively impact investor sentiment towards THRY in the short term. Although the sales beat might offer some support, the overall negative earnings growth is a critical factor for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100