Recap: Harte-Hanks Q4 Earnings
Portfolio Pulse from Benzinga Insights
Harte-Hanks (NASDAQ:HHS) reported Q4 earnings with an EPS of $0.51, surpassing estimates by 325% but with a revenue decrease of $5.29 million year-over-year. This follows a previous quarter where missing EPS estimates led to a 3% share price drop.
March 14, 2024 | 8:25 pm
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Harte-Hanks reported a significant beat on Q4 EPS estimates but saw a decrease in revenue compared to last year.
The substantial beat on EPS estimates is likely to positively impact investor sentiment and potentially increase the stock price in the short term, despite the year-over-year revenue decrease. Historical context shows that missing EPS estimates previously led to a stock price drop, indicating market sensitivity to Harte-Hanks's earnings performance.
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