BT Brands Q4 EPS $(0.10) Down From $(0.06) YoY, Sales $3.00M Up From $2.98M YoY
Portfolio Pulse from Benzinga Newsdesk
BT Brands (NASDAQ:BTBD) reported a Q4 EPS of $(0.10), a 66.67% decrease from $(0.06) YoY. Sales increased slightly by 0.65% to $3.00M from $2.98M YoY.
March 28, 2024 | 8:47 pm
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NEGATIVE IMPACT
BT Brands reported a significant decrease in EPS by 66.67% YoY, with a slight increase in sales by 0.65% YoY.
The significant decrease in EPS indicates a worsening profitability situation for BT Brands, which is likely to negatively impact investor sentiment and the stock price in the short term. The slight increase in sales may not be sufficient to offset the negative perception created by the decrease in EPS.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100