Davis Commodities FY23 EPS $0.04 Down From $0.20 YoY; Revenue $190.724M Down From $206.717M YoY
Portfolio Pulse from Benzinga Newsdesk
Davis Commodities reported a significant decline in its FY23 earnings per share (EPS) to $0.04 from $0.20 year-over-year, and a decrease in revenue to $190.724 million from $206.717 million year-over-year.
May 15, 2024 | 8:31 pm
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Davis Commodities reported a significant decline in its FY23 EPS to $0.04 from $0.20 year-over-year, and a decrease in revenue to $190.724 million from $206.717 million year-over-year.
The significant decline in both EPS and revenue indicates a weaker financial performance for Davis Commodities, which is likely to negatively impact its stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100