Betterware de Mexico SAPI Q4 EPS $0.62 Beats $0.28 Estimate, Sales $193.94M Beat $179.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Betterware de Mexico SAPI (NASDAQ:BWMX) reported Q4 earnings of $0.62 per share, surpassing the $0.28 estimate, marking a 121.43% beat and a 113.79% increase from last year. Q4 sales reached $193.94M, exceeding the $179.65M estimate by 7.95% and showing a 17.96% increase from the previous year.
February 22, 2024 | 11:08 pm
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POSITIVE IMPACT
Betterware de Mexico SAPI (BWMX) reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.62 and sales at $193.94M.
The substantial beat on both earnings per share and sales estimates for Q4 indicates strong financial performance and operational efficiency. This outperformance, especially being significantly above analyst expectations, is likely to instill investor confidence and could lead to a positive short-term impact on BWMX's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100