Stevanato Gr Q4 2023 Adj EPS $0.194 Beats $0.190 Estimate, Sales $345.091M Beat $326.434M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stevanato Gr (NYSE:STVN) reported Q4 2023 adjusted EPS of $0.194, surpassing the $0.190 estimate, with sales of $345.091M exceeding the $326.434M forecast. This represents a 15.75% increase in sales compared to the same period last year.
March 07, 2024 | 11:48 am
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Stevanato Gr reported higher than expected Q4 2023 earnings and sales, indicating strong financial performance.
Stevanato Gr's earnings and sales for Q4 2023 exceeded analyst estimates, which typically leads to positive investor sentiment and could result in a short-term increase in stock price. The significant year-over-year sales growth further underscores the company's strong performance and potential for future growth.
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