Shift4 Payments Q4 Adj. EPS $0.76 Misses $0.82 Estimate, Sales $705.40M Miss $757.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shift4 Payments (NYSE:FOUR) reported Q4 adjusted EPS of $0.76, missing the $0.82 estimate, and sales of $705.40M, missing the $757.77M estimate. Despite the miss, this represents a 61.7% increase in EPS and a 31.19% increase in sales from the same period last year.
February 27, 2024 | 12:02 pm
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Shift4 Payments reported a Q4 adjusted EPS of $0.76, missing estimates by 7.32%, and sales of $705.40M, missing estimates by 6.91%, despite significant year-over-year growth.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term, despite the year-over-year growth. The significant misses on both fronts suggest potential concerns about the company's ability to meet expectations, which could lead to a decrease in stock price.
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RELEVANCE 100