Boston Omaha Q1 EPS $(0.09) Misses $(0.04) Estimate, Sales $25.55M Beat $25.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Boston Omaha reported Q1 earnings with a loss of $(0.09) per share, missing the $(0.04) estimate, but sales of $25.55M exceeded the $25.50M forecast. This represents an 18.18% improvement in losses and a 12% increase in sales year-over-year.
May 14, 2024 | 9:09 pm
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NEUTRAL IMPACT
Boston Omaha's Q1 EPS of $(0.09) missed estimates by 125%, but sales of $25.55M slightly beat expectations, showing a year-over-year improvement in both earnings and revenue.
The mixed results with a miss on EPS but a beat on revenue forecasts could lead to neutral market reactions. The improvement in year-over-year figures indicates underlying business strength, potentially offsetting the negative impact of the earnings miss.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100