Enservco Q1 2024 Adj EPS $0.03 Beats $(0.02) Estimate, Sales $9.79M Miss $10.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enservco (AMEX:ENSV) reported Q1 2024 earnings per share (EPS) of $0.03, significantly beating the analyst consensus estimate of $(0.02). However, the company's sales of $9.79 million missed the $10.00 million estimate, though it represents a 9.87% increase from the same period last year.
May 15, 2024 | 8:56 pm
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Enservco's Q1 2024 EPS of $0.03 beat estimates by 250%, but sales of $9.79M missed the $10M estimate. Sales increased by 9.87% YoY.
The significant EPS beat is likely to have a positive impact on the stock price in the short term, despite the slight miss on sales. The YoY sales growth also adds a positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100