PowerSchool Holdings Q4 2023 Adj EPS $0.17 Misses $0.21 Estimate, Sales $182.10M Miss $183.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
PowerSchool Holdings (PWSC) reported Q4 2023 adjusted EPS of $0.17, missing the $0.21 estimate, and sales of $182.10M, missing the $183.44M estimate. This represents a 13.06% increase in sales compared to the same period last year.

February 26, 2024 | 9:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
PowerSchool Holdings reported lower-than-expected Q4 2023 earnings and sales, with adjusted EPS at $0.17 vs. $0.21 estimate and sales at $182.10M vs. $183.44M estimate.
Missing both earnings and sales estimates typically has a negative short-term impact on a company's stock price. Investors and analysts had higher expectations, and the failure to meet these benchmarks can lead to decreased investor confidence and potential sell-offs. However, the 13.06% increase in sales year-over-year indicates some underlying strength in the company's operations, which might mitigate the negative impact to some extent.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100