Twin Disc Q3 EPS $0.27 Up From $0.24 YoY, Sales $74.16M Beat $71.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Twin Disc (NASDAQ:TWIN) reported a Q3 EPS of $0.27, up 12.5% from $0.24 YoY, with sales of $74.16M beating the $71.80M estimate, a 0.60% increase from last year.
April 30, 2024 | 12:04 pm
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POSITIVE IMPACT
Twin Disc reported a Q3 EPS of $0.27, up from $0.24 YoY, and sales of $74.16M, exceeding estimates.
The positive earnings report, showing both an increase in EPS and sales beating estimates, is likely to instill investor confidence and potentially drive up TWIN's stock price in the short term. The YoY growth in earnings and the beat on sales estimates are key indicators of the company's financial health and operational efficiency, which are critical factors investors look at.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100