Emerald Holding Q4 EPS $(0.46) Down From $0.06 YoY, Sales $101.50M Miss $106.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Emerald Holding (NYSE:EEX) reported a significant decrease in Q4 EPS to $(0.46) from $0.06 YoY, with sales of $101.50M missing the $106.35M estimate but marking an 8.44% increase from the previous year.
February 29, 2024 | 11:27 am
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NEGATIVE IMPACT
Emerald Holding reported a significant Q4 EPS decrease and missed sales estimates, but showed a year-over-year sales increase.
The significant decrease in EPS and missing sales estimates are likely to negatively impact investor sentiment and stock price in the short term. However, the year-over-year sales growth may provide some positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100