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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100