Kamada Q4 EPS $0.09 Beats $0.05 Estimate, Sales $36.43M Miss $37.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kamada (NASDAQ:KMDA) reported Q4 earnings of $0.09 per share, surpassing the $0.05 estimate, marking an 80% beat and a 28.57% increase from last year. However, their Q4 sales of $36.43M fell short of the $37.71M estimate, a 3.39% miss and a 19.82% decrease from the previous year.
March 06, 2024 | 12:03 pm
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Kamada's Q4 earnings exceeded expectations at $0.09 per share, an 80% beat and a 28.57% increase from last year, but sales missed estimates at $36.43M, a 3.39% miss and a 19.82% decrease YOY.
The positive earnings beat suggests operational efficiency and could attract investor interest, potentially boosting KMDA's stock in the short term. However, the miss on sales forecasts and the significant year-over-year decrease might raise concerns about revenue growth, possibly offsetting some of the positive sentiment from the earnings beat. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100