Hayward Holdings Q4 Adj EPS $0.20 Beats $0.18 Estimate, Sales $278.47M Beat $271.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hayward Holdings (NYSE:HAYW) reported Q4 adjusted EPS of $0.20, surpassing the $0.18 estimate, and sales of $278.47M, exceeding the $271.92M estimate. This represents an 81.82% increase in earnings and a 7.53% increase in sales compared to the same period last year.
February 29, 2024 | 12:06 pm
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POSITIVE IMPACT
Hayward Holdings reported a significant beat on both earnings and sales estimates for Q4, with an 81.82% increase in EPS and a 7.53% increase in sales year-over-year.
Beating both earnings and sales estimates typically generates positive investor sentiment, leading to potential short-term stock price appreciation. The significant year-over-year growth in EPS and sales further strengthens the case for a positive impact on HAYW's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100