Tile Shop Holdings Q4 2023 GAAP EPS $0.01, Sales $84.46M Miss $91.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tile Shop Holdings (TTSH) reported Q4 2023 earnings of $0.01 per share with sales of $84.46M, missing the consensus estimate of $91.61M. This represents a 3.45% decrease in sales compared to the same period last year.
February 29, 2024 | 12:03 pm
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Tile Shop Holdings reported lower than expected Q4 2023 earnings and sales, missing estimates and showing a year-over-year decline.
Missing earnings and sales estimates, especially with a year-over-year decline, typically leads to negative investor sentiment and can result in a short-term decrease in stock price.
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