Doma Holdings Q1 EPS $(1.50) Beats $(1.56) Estimate, Sales $66.00M Miss $72.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
Doma Holdings reported Q1 EPS of $(1.50), surpassing the $(1.56) estimate, but its sales of $66.00M fell short of the expected $72.56M. This represents a 53.85% improvement in EPS and an 11.25% decrease in sales year-over-year.
May 07, 2024 | 9:28 pm
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Doma Holdings beats EPS estimates but misses on sales for Q1, showing significant EPS improvement and a decrease in sales YoY.
Beating EPS estimates could be seen positively by investors, indicating better-than-expected profitability. However, missing sales estimates and a year-over-year decrease in sales could raise concerns about revenue growth and market demand, potentially offsetting the positive EPS impact.
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