Vinci Partners Inv Q1 Adj $0.18 Misses $0.22 Estimate, Sales $21.58M Beat $21.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vinci Partners Inv (NASDAQ:VINP) reported Q1 adjusted earnings of $0.18 per share, missing the $0.22 estimate, and sales of $21.58M, beating the $21.24M estimate. This represents an 18.18% decrease in earnings and a 9.59% increase in sales from the same period last year.
May 09, 2024 | 8:10 pm
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NEUTRAL IMPACT
Vinci Partners Inv reported Q1 earnings of $0.18 per share, missing estimates, but sales of $21.58M exceeded expectations.
The mixed results with a miss on earnings but a beat on sales could lead to neutral market reaction. The decrease in earnings might concern investors, but the increase in sales could offset negative sentiment.
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