CompoSecure: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
CompoSecure (NASDAQ:CMPO) reported Q4 earnings with an EPS of $0.26, beating estimates by 13.0% and showing a revenue increase of $6.11 million from the previous year. This follows a miss in Q3 2023 earnings and a subsequent 9.0% share price drop.
March 06, 2024 | 9:10 pm
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POSITIVE IMPACT
CompoSecure reported a positive Q4 earnings surprise with an EPS of $0.26, surpassing estimates by 13.0%, and a year-over-year revenue increase.
CompoSecure's Q4 earnings beat and revenue increase are likely to positively impact investor sentiment and stock price in the short term, especially considering the recovery from a previous earnings miss and share price drop.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100