Smith-Midland Q1 EPS $0.21 Up From $0.02 YoY, Sales $16.80M Up From $12.84M YoY
Portfolio Pulse from Benzinga Newsdesk
Smith-Midland (NASDAQ:SMID) reported a significant increase in Q1 earnings per share (EPS) to $0.21, up 950% from $0.02 YoY. Sales also rose by 30.82% to $16.80 million from $12.84 million YoY.
June 11, 2024 | 8:22 pm
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Smith-Midland reported a 950% increase in Q1 EPS to $0.21 and a 30.82% increase in sales to $16.80 million YoY, indicating strong financial performance.
The substantial increase in both EPS and sales demonstrates strong financial health and growth potential, likely leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100