CS Disco: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
CS Disco (NYSE:LAW) reported Q4 earnings with an EPS of $-0.01, beating estimates by 88.89% against an expected $-0.09. Revenue increased by $3.21 million from the same period last year. The company has consistently beaten EPS estimates over the past four quarters, leading to a 1.54% share price increase the day after last quarter's earnings were announced.
February 22, 2024 | 9:45 pm
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POSITIVE IMPACT
CS Disco reported a significant beat on Q4 earnings estimates with an EPS of $-0.01 against an expected $-0.09 and saw a revenue increase of $3.21 million YOY. The company has a history of beating EPS estimates, which previously led to a 1.54% increase in share price the following day.
Given CS Disco's history of exceeding earnings expectations and the positive reaction in share price following last quarter's earnings beat, it's reasonable to anticipate a similar short-term positive impact on the stock. The significant beat on EPS estimates and year-over-year revenue growth are key drivers of this analysis.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100