HF Foods Group Q4 EPS $0.05 Up From $(0.06) YoY, Sales $280.87M Down From $291.90M YoY
Portfolio Pulse from totan@benzinga.com
HF Foods Group (NASDAQ:HFFG) reported a Q4 EPS of $0.05, up from $(0.06) YoY, with sales of $280.87M, down 3.78% from $291.90M YoY.
March 14, 2024 | 12:05 pm
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HF Foods Group reported a significant improvement in Q4 EPS to $0.05 from a loss of $(0.06) YoY, though sales slightly decreased by 3.78% to $280.87M from $291.90M YoY.
The significant improvement in EPS from a loss to a gain indicates a strong financial turnaround for HF Foods Group, likely to positively impact investor sentiment and stock price in the short term. However, the slight decrease in sales suggests a need to monitor revenue trends, which could temper some of the positive momentum.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100