Doma Holdings Q4 Sales $84.61M Beat $69.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
Doma Holdings reported Q4 sales of $84.61M, surpassing the analyst consensus estimate of $69.42M by 21.88%, but marking a 12.20% decrease from the same period last year.
March 12, 2024 | 8:17 pm
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Doma Holdings reported higher-than-expected Q4 sales of $84.61M, beating estimates by 21.88%, despite a year-over-year decrease of 12.20%.
The positive surprise in sales figures compared to analyst expectations is likely to be viewed favorably by investors, potentially leading to a short-term uptick in DOMA's stock price. However, the year-over-year decrease might temper some of the enthusiasm, suggesting a cautious optimism.
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