VirTra Q1 EPS $0.11 Misses $0.12 Estimate, Sales $8.09M Miss $8.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
VirTra (NASDAQ:VTSI) reported Q1 earnings of $0.11 per share, missing the consensus estimate of $0.12, and sales of $8.09M, below the $8.56M estimate. This represents a 59.26% decrease in earnings and a 19.28% decrease in sales from the same period last year.
May 14, 2024 | 8:18 pm
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NEGATIVE IMPACT
VirTra's Q1 earnings and sales missed estimates, with significant decreases in both earnings and sales compared to last year.
Missing both earnings and sales estimates significantly, especially with such a large year-over-year decrease, is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100