Definitive Healthcare Q4 2023 Adj EPS $0.07 Misses $0.08 Estimate, Sales $65.93M Miss $66.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Definitive Healthcare (NASDAQ:DH) reported Q4 2023 earnings of $0.07 per share, missing the consensus estimate of $0.08. Sales were $65.93M, slightly below the $66.02M estimate but marked an 8.80% increase from the previous year.
February 28, 2024 | 9:12 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Definitive Healthcare reported Q4 2023 earnings and sales that slightly missed analyst estimates, but showed an 8.80% year-over-year sales growth.
Missing both EPS and sales estimates, even slightly, can negatively impact investor sentiment and stock price in the short term. However, the year-over-year sales growth indicates underlying business strength, which might mitigate the negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100