Vital Farms Q4 EPS $0.17 Beats $0.09 Estimate, Sales $135.81M Beat $131.84M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vital Farms (NASDAQ:VITL) reported Q4 earnings of $0.17 per share, surpassing the $0.09 estimate, marking an 88.89% beat and a 325% increase from last year. Sales reached $135.81M, exceeding the $131.84M estimate by 3.01% and showing a 23.37% increase from the previous year.
March 07, 2024 | 12:21 pm
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POSITIVE IMPACT
Vital Farms reported a significant beat on both earnings per share and sales for Q4, with EPS at $0.17 vs. a $0.09 estimate and sales of $135.81M vs. a $131.84M estimate.
The substantial beat on both earnings per share and sales estimates for Q4 indicates strong financial health and operational efficiency. This performance, significantly exceeding analyst expectations, is likely to instill investor confidence and could lead to a positive short-term impact on VITL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100