Southern States Q1 2024 Adj EPS $0.90 Beats $0.83 Estimate, Sales $22.107M Beat $21.600M Estimate
Portfolio Pulse from Benzinga Newsdesk
Southern States (NASDAQ:SSBK) reported Q1 2024 adjusted EPS of $0.90, surpassing the $0.83 estimate, and sales of $22.107M, exceeding the $21.600M forecast. This represents an 11.11% increase in EPS and a 3.63% increase in sales year-over-year.
April 22, 2024 | 11:41 am
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POSITIVE IMPACT
Southern States reported a strong Q1 2024 with EPS and sales beating estimates, indicating robust financial health and growth.
The positive earnings and sales beat by Southern States (SSBK) suggest a strong financial performance and operational efficiency, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100