SPAR Group Q4 EPS $0.11 Up From $0.08 YoY, Sales $65.10M Beat $65.00M Estimate
Portfolio Pulse from dijoy@benzinga.com
SPAR Group (NASDAQ:SGRP) reported a Q4 EPS of $0.11, up 37.5% from $0.08 YoY, with sales of $65.10M beating the $65.00M estimate, a 0.71% increase YoY.
April 01, 2024 | 12:05 pm
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SPAR Group reported a significant increase in Q4 EPS to $0.11 from $0.08 YoY and sales of $65.10M, surpassing estimates.
The reported increase in EPS and sales beating estimates indicate a strong financial performance for SPAR Group, likely leading to a positive short-term impact on its stock price. The growth in earnings and sales, especially exceeding analyst expectations, typically results in increased investor confidence and could drive the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100