Indivior Q1 2024 Adj EPS $0.37 Misses $0.41 Estimate, Sales $284.000M Miss $299.750M Estimate
Portfolio Pulse from Benzinga Newsdesk
Indivior reported Q1 2024 adjusted EPS of $0.37, missing the $0.41 estimate, and sales of $284M, below the $299.75M estimate. This represents a 7.5% decrease in EPS and a 12.25% increase in sales year-over-year.
April 25, 2024 | 6:14 am
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Indivior's Q1 2024 earnings and sales missed estimates, with a decrease in EPS and an increase in sales compared to last year.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term. The decrease in EPS year-over-year further compounds concerns, despite the increase in sales, indicating potential challenges in profitability or cost management.
CONFIDENCE 90
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RELEVANCE 100