JX Luxventure FY EPS $0.50 Up From $(43.70) YoY
Portfolio Pulse from Benzinga Newsdesk
JX Luxventure (NASDAQ:JXJT) reported a significant improvement in its quarterly earnings, with EPS rising to $0.50 from a loss of $(43.70) per share year-over-year, marking a 101.14% increase.
May 15, 2024 | 1:48 pm
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JX Luxventure (NASDAQ:JXJT) reported a significant improvement in its quarterly earnings, with EPS rising to $0.50 from a loss of $(43.70) per share year-over-year, marking a 101.14% increase.
The significant improvement in EPS from a loss of $(43.70) to a profit of $0.50 per share is likely to positively impact JXJT's stock price in the short term. This turnaround indicates strong financial performance and could boost investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100