Waterdrop Q4 Adj. EPS $0.03 Beats $0.01 Estimate, Sales $92.87M Miss $94.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Waterdrop (NYSE:WDH) reported Q4 adjusted EPS of $0.03, surpassing the $0.01 estimate, but its sales of $92.87M fell short of the $94.55M estimate. This represents a 50% decrease in EPS and a 5.73% decrease in sales from the same period last year.
March 26, 2024 | 10:04 am
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Waterdrop's Q4 earnings surpassed estimates with an adjusted EPS of $0.03, but sales missed expectations at $92.87M, indicating mixed financial health.
The positive earnings surprise could provide short-term support to WDH's stock price, as beating EPS estimates is generally viewed positively by the market. However, the miss on sales forecasts and the year-over-year declines in both EPS and sales could temper investor enthusiasm, leading to a neutral short-term impact. The mixed results highlight both strengths and challenges within the company, making the overall impact on the stock price uncertain in the short term.
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