ODDITY Tech Q4 EPS $0.08 Misses $0.12 Estimate, Sales $97.25M Beat $86.38M Estimate
Portfolio Pulse from Happy Mohamed
ODDITY Tech reported Q4 earnings of $0.08 per share, missing the consensus estimate of $0.12. However, their quarterly sales of $97.25M exceeded the estimate of $86.38M.
March 05, 2024 | 9:07 pm
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ODDITY Tech's Q4 EPS of $0.08 missed estimates by 33.33%, but sales of $97.25M exceeded expectations by 12.58%.
The miss in EPS might concern investors about profitability, but the beat in sales could indicate strong demand for ODDITY Tech's products or services. The mixed results present a neutral short-term outlook, as the positive sales performance may offset concerns about the earnings miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100