Yatsen Holding Q1 Adj $(0.11) Misses $(0.08) Estimate, Sales $107.11M Miss $112.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yatsen Holding (NYSE:YSG) reported Q1 losses of $(0.11) per share, missing the analyst estimate of $(0.08) by 37.5%. Sales were $107.11M, also missing the estimate of $112.57M. Both figures represent declines from the same period last year.
May 22, 2024 | 9:06 am
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Yatsen Holding reported Q1 losses of $(0.11) per share, missing the analyst estimate of $(0.08) by 37.5%. Sales were $107.11M, also missing the estimate of $112.57M. Both figures represent declines from the same period last year.
The significant miss on both EPS and sales estimates, combined with the year-over-year declines, is likely to negatively impact YSG's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100