Direct Digital Holdings Q4 EPS $(0.08) Misses $0.26 Estimate, Sales $41.01M Miss $65.95M Estimate
Portfolio Pulse from Happy Mohamed
Direct Digital Holdings (NASDAQ:DRCT) reported a Q4 EPS of $(0.08), missing the $0.26 estimate, and sales of $41.01M, missing the $65.95M estimate. This represents a significant decrease in earnings and a miss in sales expectations compared to the same period last year.
March 26, 2024 | 8:21 pm
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Direct Digital Holdings reported a significant miss in both EPS and sales for Q4, indicating a challenging quarter.
The significant miss in both earnings per share and sales compared to analyst estimates suggests a challenging operational period for Direct Digital Holdings. Such misses typically lead to negative investor sentiment in the short term, potentially impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100