Village Farms Intl Q4 2023 GAAP EPS $(0.20) Misses $(0.01) Estimate, Sales $74.250M Beat $69.786M Estimate
Portfolio Pulse from Benzinga Newsdesk
Village Farms Intl (NASDAQ:VFF) reported Q4 2023 earnings with a GAAP EPS of $(0.20), missing the $(0.01) estimate by 1900%. However, their sales of $74.250M exceeded the $69.786M estimate by 6.40%, marking a 6.90% increase from the previous year.
March 13, 2024 | 11:01 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Village Farms Intl reported a significant miss on EPS estimates but exceeded sales forecasts for Q4 2023, showing mixed financial performance.
The significant miss on the EPS estimate could negatively impact investor sentiment due to concerns over profitability. However, the beat on sales estimates and year-over-year growth might offset some of the negative impact by indicating operational growth and market demand. The mixed results lead to a neutral short-term price direction expectation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100