VIZIO Holding Q4 2023 GAAP EPS $0.07 Beats $0.01 Estimate, Sales $502.60M Beat $498.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
VIZIO Holding (NYSE:VZIO) reported Q4 2023 earnings of $0.07 per share, surpassing the $0.01 estimate, with sales of $502.60M exceeding the $498.80M forecast. This represents a 5.79% decrease in sales compared to the same period last year.
February 27, 2024 | 9:40 pm
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POSITIVE IMPACT
VIZIO Holding reported a significant earnings beat and a slight sales beat for Q4 2023, with a year-over-year sales decrease.
VIZIO's earnings beat and sales surpassing estimates are positive indicators for investors, likely leading to a short-term positive impact on VZIO's stock price. However, the year-over-year sales decrease might temper some of the enthusiasm.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100