Village Farms Intl Q1 EPS $(0.03) Misses $(0.02) Estimate, Sales $78.10M Beat $71.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Village Farms Intl (NASDAQ:VFF) reported Q1 losses of $(0.03) per share, missing the $(0.02) estimate, but sales of $78.10M exceeded the $71.94M forecast, marking a 20.79% increase from last year.
May 08, 2024 | 11:01 am
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NEUTRAL IMPACT
Village Farms Intl reported a Q1 EPS loss of $(0.03), missing estimates by 50%, but sales of $78.10M beat estimates, showing a 20.79% increase from last year.
The mixed results with a miss on EPS but a beat on sales revenue could lead to neutral short-term stock price movement. The significant sales growth year-over-year indicates strong business performance, potentially offsetting the negative impact of the EPS miss.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100