FutureFuel Q1 2024 EPS $0.10 Down From $0.48 YoY; Revenue $58.3M Down From $74.2M YoY
Portfolio Pulse from Benzinga Newsdesk
FutureFuel Corp reported a decrease in earnings per share (EPS) to $0.10 in Q1 2024 from $0.48 year-over-year (YoY). Revenue also fell to $58.3M from $74.2M YoY.
May 10, 2024 | 8:12 pm
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NEGATIVE IMPACT
FutureFuel Corp's Q1 2024 financial results show a significant decrease in both EPS and revenue compared to the previous year.
The substantial drop in both EPS and revenue for FutureFuel Corp in Q1 2024 compared to the same period last year is likely to negatively impact investor sentiment and the stock price in the short term. Investors typically view declining earnings and revenue as indicators of potential challenges facing a company, which can lead to decreased demand for the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100