National Beverage Q3 2024 GAAP EPS $0.420 Beats $0.410 Estimate, Sales $270.000M Miss $273.830M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Beverage Corp. (FIZZ) reported Q3 2024 earnings of $0.420 per share, surpassing the consensus estimate of $0.410. However, its sales of $270 million fell short of the expected $273.83 million, marking a slight 0.57% increase from the previous year.
March 07, 2024 | 9:44 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
National Beverage's Q3 2024 earnings beat estimates but sales missed expectations, showing a modest year-over-year growth.
The earnings beat could be seen positively by investors, indicating operational efficiency and profitability. However, the miss on sales estimates and modest year-over-year growth might raise concerns about revenue growth potential and market demand. The mixed results present a neutral outlook, as the positive earnings impact may be offset by the negative perception of missed sales targets.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90