PSQ Holdings Q1 2024 GAAP EPS $(0.44) Misses $(0.39) Estimate, Sales $3.466M Beat $3.393M Estimate
Portfolio Pulse from Benzinga Newsdesk
PSQ Holdings (NYSE:PSQH) reported Q1 2024 GAAP EPS of $(0.44), missing the $(0.39) estimate, but sales of $3.466M beat the $3.393M estimate. EPS decreased by 10% YoY, while sales increased by 816.85% YoY.

May 15, 2024 | 10:34 am
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PSQ Holdings reported a Q1 2024 GAAP EPS of $(0.44), missing the $(0.39) estimate, but sales of $3.466M beat the $3.393M estimate. EPS decreased by 10% YoY, while sales increased by 816.85% YoY.
The mixed earnings report shows a significant miss on EPS but a substantial beat on sales. The YoY sales growth is impressive, but the EPS miss and YoY decrease may cause investor concern, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100