MISTRAS Group Q4 2023 Adj EPS $0.10 Misses $0.15 Estimate, Sales $182.07M Beat $174.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
MISTRAS Group (NYSE:MG) reported Q4 2023 adjusted EPS of $0.10, missing the $0.15 estimate, but sales of $182.07M exceeded the $174.28M estimate, marking an 8.24% increase from the previous year.
March 06, 2024 | 9:04 pm
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MISTRAS Group reported a mixed Q4 2023 with an EPS of $0.10 missing estimates but sales of $182.07M beating expectations and showing year-over-year growth.
The mixed earnings report from MISTRAS Group, with a miss on EPS but a beat on sales, presents a neutral short-term impact. The sales growth could offset concerns about the earnings miss, maintaining investor interest.
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