Siebert Financial Q1 EPS $0.09 Down From $0.10 YoY, Sales $20.46M Up From $16.17M YoY
Portfolio Pulse from Benzinga Newsdesk
Siebert Financial (NASDAQ:SIEB) reported Q1 earnings per share (EPS) of $0.09, a 10% decrease from $0.10 YoY. However, sales increased by 26.51% to $20.46 million from $16.17 million YoY.
May 22, 2024 | 6:05 pm
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Siebert Financial reported mixed Q1 results with a 10% decrease in EPS to $0.09 but a significant 26.51% increase in sales to $20.46 million YoY.
The decrease in EPS might concern investors, but the significant increase in sales could offset some of the negative sentiment. The mixed results are likely to result in a neutral short-term impact on the stock price.
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