Recap: TTEC Holdings Q4 Earnings
Portfolio Pulse from Benzinga Insights
TTEC Holdings (NASDAQ:TTEC) reported Q4 earnings with a miss on estimated earnings by -5.0%, posting an EPS of $0.37 against an estimate of $0.39. Revenue decreased by $32.10 million from the same period last year. In the previous quarter, the company exceeded EPS estimates which was followed by a 29% drop in share price the next day.
February 29, 2024 | 9:15 pm
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NEGATIVE IMPACT
TTEC Holdings reported a miss in Q4 earnings with an EPS of $0.37 against estimates of $0.39 and a revenue decrease of $32.10 million from the previous year.
The miss in estimated earnings and the decrease in revenue indicate potential concerns about the company's financial health and operational efficiency. Given the company's history of a significant share price drop following an earnings beat last quarter, this earnings miss could further impact investor confidence negatively, leading to a potential short-term decrease in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100