Reported Late Monday, TDH Holdings FY EPS $(2.29) Down From $0.10 YoY, Sales $3.18M Up From $3.10M YoY
Portfolio Pulse from Benzinga Newsdesk
TDH Holdings (NASDAQ:PETZ) reported a significant drop in FY EPS to $(2.29) from $0.10 YoY, while sales slightly increased to $3.18M from $3.10M YoY.
April 30, 2024 | 8:40 am
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TDH Holdings reported a significant decrease in FY EPS to $(2.29) from $0.10 YoY, alongside a slight increase in sales to $3.18M from $3.10M YoY.
The drastic decrease in earnings per share (EPS) indicates a significant downturn in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term. The slight increase in sales may not be sufficient to offset the negative perception created by the loss in earnings.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100