NCS Multistage Holdings Q4 2023 Adj EPS $(0.360) Misses $1.180 Estimate, Sales $35.247M Miss $39.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
NCS Multistage Holdings (NCSM) reported Q4 2023 adjusted EPS of $(0.360), missing the $1.180 estimate, and sales of $35.247M, missing the $39.700M estimate. This represents a 12.29% decrease in sales compared to the same period last year.
March 07, 2024 | 9:50 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
NCS Multistage Holdings reported significant misses in both EPS and sales for Q4 2023, with a notable year-over-year decrease in sales.
The significant miss in both EPS and sales estimates, coupled with a year-over-year decrease in sales, is likely to negatively impact investor sentiment and could lead to a short-term decrease in NCSM's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100