60 Degrees Q4 EPS $(0.44) Misses $(0.20) Estimate, Sales $125.68K Beat $70.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
60 Degrees (NASDAQ:SXTP) reported Q4 earnings with a loss of $(0.44) per share, missing the $(0.20) estimate by 120%. However, their sales of $125.68K exceeded the $70.00K estimate by 79.54%.
April 02, 2024 | 12:01 pm
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NEUTRAL IMPACT
60 Degrees reported a significant miss on EPS but exceeded sales estimates in Q4.
The significant miss on the EPS estimate could negatively impact investor sentiment, while the sales beat might offset some of the negative impact. Given the mixed results, the short-term impact on SXTP's stock price is uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100