Chicago Rivet & Machine Q4 EPS $(1.36), Same YoY, Sales $6.78M Down From $6.86M YoY
Portfolio Pulse from Benzinga Newsdesk
Chicago Rivet & Machine (AMEX:CVR) reported Q4 earnings with a loss of $(1.36) per share, unchanged YoY. Sales decreased by 1.12% to $6.78M from $6.86M YoY.
March 29, 2024 | 3:34 am
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NEGATIVE IMPACT
Chicago Rivet & Machine reported a Q4 loss of $(1.36) per share, consistent with last year, and a slight sales decrease to $6.78M from $6.86M YoY.
The unchanged loss per share and slight decrease in sales suggest a stable yet slightly negative performance. This could lead to a short-term negative sentiment among investors, potentially impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100