Enservco Q4 EPS $(0.07) Misses $(0.05) Estimate, Sales $6.48M Miss $6.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enservco reported Q4 earnings with a loss of $(0.07) per share, missing the $(0.05) estimate, and sales of $6.48M, missing the $6.60M estimate. This represents a 50% increase in losses per share from the same period last year and a slight 0.34% decrease in sales.
April 01, 2024 | 10:50 am
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NEGATIVE IMPACT
Enservco's Q4 earnings missed both EPS and sales estimates, with a 50% increase in losses per share from last year and a slight decrease in sales.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term. The reported increase in losses per share and slight decrease in sales year-over-year further contribute to a negative outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100