Expro Gr Hldgs Q1 2024 Adj EPS $0.09 Misses $0.12 Estimate, Sales $383.489M Beat $369.621M Estimate
Portfolio Pulse from Benzinga Newsdesk
Expro Gr Hldgs (NYSE:XPRO) reported Q1 2024 earnings of $0.09 per share, missing the $0.12 estimate, but sales of $383.489M exceeded the $369.621M forecast. This represents an 800% increase in earnings and a 13.03% increase in sales from the same period last year.
April 25, 2024 | 11:07 am
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Expro Gr Hldgs reported Q1 2024 earnings of $0.09 per share, missing estimates, but sales of $383.489M exceeded expectations, showing significant growth from last year.
While the miss in EPS might concern some investors, the significant beat in sales and the substantial year-over-year growth in both earnings and sales could offset concerns and suggest a positive outlook for the company's growth trajectory. The mixed results present a neutral short-term impact as the market digests both the earnings miss and the sales beat.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100