HireQuest Q4 EPS $0.03 Beats $(0.06) Estimate, Sales $9.76M Beat $8.60M Estimate
Portfolio Pulse from dijoy@benzinga.com
HireQuest (NASDAQ:HQI) reported Q4 earnings of $0.03 per share, surpassing the $(0.06) estimate, marking a 150% beat. Year-over-year, earnings decreased by 84.21% from $0.19 per share. Q4 sales reached $9.76M, exceeding the $8.60M estimate by 13.53% and showing a 21.31% increase from last year's $8.05M.
March 21, 2024 | 8:13 pm
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HireQuest reported a significant beat on both EPS and sales estimates for Q4, with EPS at $0.03 against a $(0.06) estimate and sales of $9.76M against an $8.60M estimate.
Beating both EPS and sales estimates significantly, especially in a challenging economic environment, indicates strong operational performance and efficiency. This outperformance is likely to instill investor confidence and could lead to a positive short-term price movement for HQI.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100