National Vision Holdings Q1 Adj $0.30 Beats $0.27 Estimate, Sales $542.52M Miss $552.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Vision Holdings (NASDAQ:EYE) reported Q1 earnings of $0.30 per share, surpassing the consensus estimate of $0.27, but saw a 3.23% decrease from last year's earnings. Sales were $542.52M, missing the $552.98M estimate and marking a 3.53% decrease from the previous year.
May 08, 2024 | 10:03 am
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National Vision Holdings reported higher-than-expected Q1 earnings per share but missed sales estimates, with both earnings and sales decreasing year-over-year.
While beating EPS estimates typically has a positive impact on stock prices, the miss on sales estimates and the year-over-year decline in both earnings and sales could temper investor enthusiasm. The mixed results present a neutral short-term outlook for EYE's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100