RCM Technologies Q4 2023 Adj EPS $0.71 Beats $0.62 Estimate, Sales $71.028M Miss $72.287M Estimate
Portfolio Pulse from Benzinga Newsdesk
RCM Technologies (RCMT) reported Q4 2023 adjusted EPS of $0.71, surpassing the $0.62 estimate, but its sales of $71.028M fell short of the $72.287M estimate, marking a 1.15% increase from the previous year.
March 13, 2024 | 8:13 pm
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RCM Technologies reported a higher-than-expected Q4 EPS of $0.71 but missed sales estimates, with a modest year-over-year growth.
The mixed results with an earnings beat but a slight miss on sales forecasts could lead to neutral market reactions. The earnings beat is positive, but the sales miss and modest growth may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100