OTC Markets Gr Q4 2023 Adj EPS $0.890 Beats $0.650 Estimate, Sales $26.772M Miss $28.334M Estimate
Portfolio Pulse from Benzinga Newsdesk
OTC Markets Group reported Q4 2023 adjusted EPS of $0.890, surpassing the $0.650 estimate, but its sales of $26.772M fell short of the $28.334M forecast. This represents a slight sales increase of 0.89% from the same period last year.
March 06, 2024 | 10:01 pm
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OTC Markets Group's Q4 2023 earnings surpassed estimates with an EPS of $0.890, but sales missed expectations, totaling $26.772M.
The mixed results, with earnings exceeding expectations but sales missing forecasts, could lead to a neutral short-term impact on OTCM's stock price. Investors may react positively to the earnings beat, but the sales miss could temper enthusiasm.
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