Kirkland's Q1 EPS $(0.68) Beats $(0.92) Estimate, Sales $91.75M Miss $93.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kirkland's (NASDAQ:KIRK) reported Q1 EPS of $(0.68), beating the $(0.92) estimate, but missed sales estimates with $91.75M against $93.07M expected. EPS improved by 28.42% YoY, while sales decreased by 5.29% YoY.
June 06, 2024 | 11:03 am
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Kirkland's reported Q1 EPS of $(0.68), beating the $(0.92) estimate, but missed sales estimates with $91.75M against $93.07M expected. EPS improved by 28.42% YoY, while sales decreased by 5.29% YoY.
While Kirkland's beat EPS estimates significantly, the miss on sales and the YoY decline in revenue may offset the positive sentiment from the EPS beat. This mixed result is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100