Hillman Solutions Q1 2024 Adj EPS $0.10 Beats $0.09 Estimate, Sales $350.305M Miss $354.934M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hillman Solutions (NASDAQ:HLMN) reported Q1 2024 adjusted EPS of $0.10, surpassing the $0.09 estimate, marking a 66.67% increase from last year. However, their sales of $350.305M fell short of the $354.934M estimate, a slight 0.17% increase from the previous year.
May 07, 2024 | 11:32 am
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Hillman Solutions reported a Q1 2024 adjusted EPS of $0.10, beating estimates, with a 66.67% increase from last year. Sales were $350.305M, slightly missing estimates but showing a 0.17% YOY growth.
Beating EPS estimates typically has a positive impact on stock prices as it indicates better-than-expected profitability. The slight miss on sales estimates may temper the positive impact, but the overall growth in earnings and sales compared to the previous year suggests a positive outlook for HLMN in the short term.
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