Alarm.com Holdings Q4 2023 Adj EPS $0.62 Beats $0.47 Estimate, Sales $226.24M Beat $224.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alarm.com Holdings (ALRM) reported Q4 2023 adjusted EPS of $0.62, surpassing the $0.47 estimate, with sales of $226.24M also beating the $224.87M estimate. This represents an 8.70% increase in sales compared to the same period last year.
February 22, 2024 | 9:16 pm
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POSITIVE IMPACT
Alarm.com Holdings reported a significant beat on both EPS and sales estimates for Q4 2023, with an 8.70% increase in sales year-over-year.
Beating both EPS and sales estimates significantly, especially with a notable year-over-year sales growth, typically leads to positive investor sentiment and could drive the stock price up in the short term.
CONFIDENCE 90
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RELEVANCE 100