Anterix Q4 2024 GAAP EPS $(0.51) Misses $(0.41) Estimate, Sales $1.260M Miss $1.823M Estimate
Portfolio Pulse from Benzinga Newsdesk
Anterix (NASDAQ:ATEX) reported Q4 2024 GAAP EPS of $(0.51), missing the $(0.41) estimate by 24.39%. Sales were $1.260M, missing the $1.823M estimate by 30.90%. Despite the misses, sales increased by 107.24% year-over-year.
June 26, 2024 | 8:48 pm
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NEGATIVE IMPACT
Anterix reported Q4 2024 GAAP EPS of $(0.51), missing the $(0.41) estimate by 24.39%. Sales were $1.260M, missing the $1.823M estimate by 30.90%. Despite the misses, sales increased by 107.24% year-over-year.
Anterix's Q4 2024 earnings and sales both missed analyst estimates significantly, which is likely to negatively impact the stock price in the short term. However, the year-over-year sales increase may provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100