1-800-Flowers.com Q3 2024 Adj EPS $(0.28) Misses $(0.24) Estimate, Sales $379.405M Miss $383.899M Estimate
Portfolio Pulse from Benzinga Newsdesk
1-800-Flowers.com (NASDAQ:FLWS) reported Q3 2024 adjusted EPS of $(0.28), missing estimates by 16.67% and marking a 3.7% decrease from the previous year. Sales were $379.405M, missing estimates by 1.17% and down 9.14% from the previous year.
May 02, 2024 | 10:46 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
1-800-Flowers.com reported a larger than expected quarterly loss and a decrease in sales, missing both EPS and revenue estimates for Q3 2024.
Missing both EPS and revenue estimates indicates underperformance, likely leading to negative investor sentiment in the short term. The year-over-year decline in sales and earnings further compounds the negative outlook, suggesting potential challenges in the company's operations or market conditions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100