Oxford Square Cap Q1 EPS $0.11 Misses $0.13 Estimate, Sales $10.68M Miss $12.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oxford Square Cap (NASDAQ:OXSQ) reported Q1 earnings of $0.11 per share, missing the $0.13 estimate, and sales of $10.68M, below the $12.00M estimate. This represents a decrease from the previous year's earnings and sales.
May 02, 2024 | 12:05 pm
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NEGATIVE IMPACT
Oxford Square Cap reported lower than expected Q1 earnings and sales, indicating a potential negative impact on its stock price in the short term.
Missing both earnings and sales estimates can lead to negative investor sentiment and potentially lower stock prices in the short term. The reported decrease from the previous year's figures further supports the likelihood of a negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100