EVI Industries Q3 EPS $0.06 Down From $0.19 YoY, Sales $83.98M Down From $94.07M YoY
Portfolio Pulse from Benzinga Newsdesk
EVI Industries reported a significant decrease in both earnings per share and sales for Q3, with EPS down 68.42% to $0.06 from $0.19 YoY and sales down 10.72% to $83.98M from $94.07M YoY.
May 09, 2024 | 9:57 pm
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NEGATIVE IMPACT
EVI Industries reported a significant decrease in Q3 earnings per share and sales, indicating a challenging quarter.
The substantial decrease in both earnings per share and sales for EVI Industries is likely to negatively impact investor sentiment and the stock price in the short term. A 68.42% drop in EPS and a 10.72% decrease in sales year-over-year are significant indicators of operational challenges, which could lead to bearish views on the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100