Creative Realities Q4 Sales $14.50M Miss $16.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Creative Realities (NASDAQ:CREX) reported Q4 sales of $14.50 million, missing the analyst consensus estimate of $16.00 million by 9.38%, but marking a 38.10% increase from the same period last year.
March 21, 2024 | 11:32 am
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Creative Realities reported Q4 sales of $14.50 million, missing estimates but showing significant year-over-year growth.
Missing the analyst consensus estimate is likely to have a negative short-term impact on CREX's stock price, despite the year-over-year growth. Investors often react negatively to earnings misses as they can indicate underlying issues or a potential slowdown in growth. However, the significant year-over-year increase in sales might mitigate some of the negative impact.
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