PowerSchool Holdings Q1 2024 Adj EPS $0.17 Misses $0.21 Estimate, Sales $185.00M Beat $184.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
PowerSchool Holdings (PWSC) reported Q1 2024 earnings of $0.17 per share, missing the consensus estimate of $0.21. However, their sales of $185.00M slightly beat the estimate of $184.82M, marking a 16.02% increase from the previous year.
May 07, 2024 | 8:35 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
PowerSchool Holdings reported lower-than-expected Q1 2024 earnings per share but exceeded sales estimates, showing a significant year-over-year growth.
While the earnings miss could negatively impact investor sentiment in the short term, the sales beat and significant year-over-year growth could offset this by demonstrating the company's ability to grow revenue. The mixed results present a neutral outlook, as the positive sales performance may balance concerns over the earnings miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100