Sky Harbour Group Q4 2023 GAAP EPS $(0.61) Misses $(0.09) Estimate, Sales $2.238M Miss $2.264M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sky Harbour Group (AMEX:SKYH) reported Q4 2023 earnings with a GAAP EPS of $(0.61), significantly missing the $(0.09) estimate. Sales were $2.238M, slightly below the $2.264M estimate but marked a 267.49% increase from the previous year.
March 27, 2024 | 9:44 pm
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Sky Harbour Group reported a significant miss in Q4 2023 earnings with a GAAP EPS of $(0.61) against an estimate of $(0.09) and sales of $2.238M missing the $2.264M estimate.
The significant miss in both EPS and sales estimates for Sky Harbour Group in Q4 2023 is likely to negatively impact investor sentiment and the stock price in the short term. The magnitude of the miss in EPS, being significantly below analyst expectations, suggests potential underlying issues that could concern investors. However, the notable year-over-year sales growth might offer some mitigating optimism.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100