Sachem Cap Q4 EPS $(0.05) Misses $0.11 Estimate, Sales $16.91M Beat $16.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sachem Capital reported a Q4 EPS of $(0.05), missing the $0.11 estimate, marking a 145.45% decrease from last year. However, their sales of $16.91M exceeded the $16.58M estimate, a 6.44% increase from the previous year.
April 01, 2024 | 11:13 am
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NEGATIVE IMPACT
Sachem Capital's Q4 earnings per share missed estimates significantly, while sales slightly exceeded expectations.
The significant miss in EPS is likely to negatively impact investor sentiment and stock price in the short term, despite the slight beat in sales. The magnitude of the miss in EPS overshadows the positive sales performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100