Maui Land & Pineapple Co Q4 EPS $0.04 Up From $(0.41) YoY, Sales $4.04M Up From $2.17M YoY
Portfolio Pulse from Benzinga Newsdesk
Maui Land & Pineapple Co (NYSE:MLP) reported a significant improvement in its Q4 earnings, posting $0.04 EPS, a reversal from a $(0.41) loss per share YoY. Sales also surged to $4.04M from $2.17M YoY, marking an 86.06% increase.
March 29, 2024 | 4:55 am
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Maui Land & Pineapple Co reported a significant turnaround in Q4 with EPS of $0.04, up from a $(0.41) loss, and sales increasing to $4.04M from $2.17M YoY.
The significant improvement in both earnings per share and sales indicates a strong financial performance and operational efficiency. This positive news is likely to instill investor confidence and could lead to a short-term uptick in MLP's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100