S&W Seed Q3 Adj $(0.10), Inline, Sales $18.32M Miss $21.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
S&W Seed (NASDAQ:SANW) reported Q3 losses of $(0.10) per share, aligning with analyst estimates but marking a 42.86% decrease from the previous year. Quarterly sales were $18.32M, missing the $21.00M estimate by 12.74%, yet representing a 3.75% increase from the previous year.
May 14, 2024 | 12:04 pm
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S&W Seed reported Q3 adjusted losses of $(0.10) per share, meeting analyst expectations but showing a significant decrease from the previous year. Sales missed estimates but increased slightly YOY.
The reported earnings show a significant year-over-year decrease in profitability and a miss in sales estimates, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100