Recap: ARC Document Solutions Q4 Earnings
Portfolio Pulse from Benzinga Insights
ARC Document Solutions (NYSE:ARC) reported its Q4 earnings on February 28, 2024, with an EPS of $0.05, matching the estimate. Revenue increased by $54 thousand from the previous year. Despite missing the EPS estimate in Q3 2023, the share price increased by 0.0% the following day. The company's past earnings performance shows a mix of hits and misses in terms of EPS and revenue estimates.
February 28, 2024 | 9:20 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
ARC Document Solutions reported Q4 earnings with an EPS of $0.05, exactly meeting estimates, and a slight revenue increase from the previous year.
ARC Document Solutions' Q4 earnings report showed stability by meeting the EPS estimate and reporting a slight revenue increase. Historically, the company's stock price showed minimal reaction to similar past earnings performances. Given this pattern, the short-term impact on ARC's stock price is likely to be neutral, as the earnings report met expectations without significant positive or negative surprises.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100