Bowman Consulting Group Q4 2023 Adj EPS $0.31 Beats $(0.07) Estimate, Sales $93.000M Beat $90.662M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bowman Consulting Group (BWMN) reported Q4 2023 adjusted EPS of $0.31, surpassing the $(0.07) estimate, with sales of $93M beating the $90.662M estimate, marking a 23% increase from the previous year.
March 11, 2024 | 8:07 pm
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POSITIVE IMPACT
Bowman Consulting Group (BWMN) exceeded Q4 2023 earnings and sales estimates, with a significant year-over-year sales increase.
Beating both earnings and sales estimates significantly, especially with a substantial year-over-year sales growth, typically results in positive investor sentiment and could lead to a short-term stock price increase. The magnitude of the beat and growth rates are key factors driving this analysis.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100