Seneca Foods Q4 EPS $(0.32) Up From $(1.20) YoY, Sales $307.98M Down From $331.06M YoY
Portfolio Pulse from Benzinga Newsdesk
Seneca Foods (NASDAQ:SENEA) reported a Q4 EPS of $(0.32), a significant improvement from $(1.20) YoY. However, sales decreased by 6.97% to $307.98M from $331.06M YoY.
June 13, 2024 | 8:20 pm
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NEUTRAL IMPACT
Seneca Foods reported a Q4 EPS of $(0.32), a 73.33% improvement from $(1.20) YoY. Sales decreased by 6.97% to $307.98M from $331.06M YoY.
While the EPS improvement is a positive sign, the decline in sales may concern investors. The mixed results could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100