KVH Industries Q4 Adj EPS $(0.05) Misses $(0.03) Estimate
Portfolio Pulse from Benzinga Newsdesk
KVH Industries reported a Q4 adjusted EPS loss of $(0.05), missing the consensus estimate of $(0.03) by 66.67%. This represents a 266.67% decrease from the $0.03 per share earned in the same period last year.
March 15, 2024 | 11:15 am
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NEGATIVE IMPACT
KVH Industries reported a larger than expected Q4 adjusted EPS loss of $(0.05), missing the consensus estimate of $(0.03). This represents a significant decrease from the $0.03 per share earned in the same period last year.
The reported earnings miss and significant decrease in earnings compared to the same period last year are likely to negatively impact investor sentiment and KVH Industries' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100