Sonida Senior Living Q1 EPS $2.16 Down From $2.76 YoY, Sales $67.44M Up From $62.07M YoY
Portfolio Pulse from Benzinga Newsdesk
Sonida Senior Living reported a decrease in Q1 EPS to $2.16 from $2.76 YoY, while sales increased to $67.44M from $62.07M YoY.
May 10, 2024 | 9:07 am
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Sonida Senior Living's Q1 EPS decreased by 21.74% YoY, but sales increased by 8.64% YoY.
The decrease in EPS could negatively impact investor sentiment, suggesting potential challenges in profitability. However, the increase in sales indicates growth in revenue, which could offset concerns about the EPS decline. The mixed results present a neutral short-term outlook, as the positive sales growth may balance out the negative perception from the EPS decrease.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100