KLX Energy Services Hldgs Q4 2023 Adj EPS $(0.54) Misses $0.01 Estimate, Sales $194.20M Miss $212.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
KLX Energy Services Holdings (KLXE) reported Q4 2023 adjusted EPS of $(0.54), missing the $0.01 estimate, and sales of $194.20M, missing the $212.97M estimate. This represents a 13.03% decrease in sales compared to the same period last year.
March 06, 2024 | 9:30 pm
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KLX Energy Services Holdings reported a significant miss in both adjusted EPS and sales for Q4 2023, with a 13.03% decrease in sales year-over-year.
The significant miss in both EPS and sales estimates, coupled with a notable year-over-year decrease in sales, is likely to negatively impact investor sentiment and KLXE's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100