Snap One Holdings Q4 2023 Adj EPS $0.150 Beats $0.110 Estimate, Sales $264.388M Miss $266.083M Estimate
Portfolio Pulse from Benzinga Newsdesk
Snap One Holdings (SNPO) reported Q4 2023 adjusted EPS of $0.150, surpassing the $0.110 estimate, but its sales of $264.388M fell short of the $266.083M forecast, marking a 1.44% decrease from the previous year.
March 07, 2024 | 9:25 pm
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Snap One Holdings reported higher-than-expected Q4 EPS but missed sales estimates, showing a slight year-over-year decline.
While the beat on EPS is positive, the miss on sales estimates and the year-over-year decline could temper investor enthusiasm. The mixed results present a neutral outlook in the short term as investors weigh the positive earnings against the slight sales disappointment.
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