NCS Multistage Holdings Q1 2024 Adj EPS $0.99 Beats $(0.02) Estimate, Sales $43.858M Beat $39.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
NCS Multistage Holdings (NASDAQ:NCSM) reported Q1 2024 adjusted EPS of $0.99, surpassing the $(0.02) estimate by 5050%, and a 98% increase from last year's $0.50. Sales reached $43.858M, beating the $39.400M estimate by 11.31%, and marking a 0.70% increase from the previous year.
May 01, 2024 | 9:24 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
NCS Multistage Holdings reported a significant beat on both EPS and sales estimates for Q1 2024, with EPS at $0.99 against a $(0.02) estimate and sales of $43.858M against a $39.400M estimate.
The substantial beat on both earnings per share and sales estimates for Q1 2024 indicates a strong financial performance by NCS Multistage Holdings, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 100