Everi Hldgs Q1 2024 GAAP EPS $0.05 Misses $0.19 Estimate
Portfolio Pulse from Benzinga Newsdesk
Everi Holdings reported Q1 2024 GAAP earnings per share of $0.05, missing the consensus estimate of $0.19 by 73.68%.
May 08, 2024 | 10:18 am
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Everi Holdings reported a significant miss in Q1 2024 earnings, with EPS of $0.05 against an estimate of $0.19.
Missing earnings estimates significantly, especially by 73.68%, typically leads to negative investor sentiment and can result in a decrease in stock price in the short term. Investors and analysts had higher expectations, and the miss may lead to a reassessment of the company's financial health and future prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100