The One Group Hospitality Q4 2023 Adj EPS $0.17 Beats $0.15 Estimate, Sales $89.937M Miss $98.044M Estimate
Portfolio Pulse from Benzinga Newsdesk
The One Group Hospitality (STKS) reported Q4 2023 adjusted EPS of $0.17, surpassing the $0.15 estimate, but its sales of $89.937M fell short of the $98.044M estimate, marking a 1.84% increase from the previous year.
March 14, 2024 | 8:26 pm
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The One Group Hospitality (STKS) exceeded Q4 2023 EPS estimates but missed sales forecasts, with a slight year-over-year sales increase.
While STKS surpassed EPS estimates, indicating efficient cost management and profitability, the miss on sales forecasts could raise concerns about growth prospects and demand. The mixed results present a neutral outlook, as the positive earnings surprise is offset by the sales miss. The slight year-over-year sales increase suggests modest growth.
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