Simply Good Foods Q3 Adj $0.50 Beats $0.48 Estimate, Sales $334.76M Miss $337.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Simply Good Foods (NASDAQ:SMPL) reported Q3 earnings of $0.50 per share, beating the estimate of $0.48. However, sales of $334.76M missed the $337.66M estimate.
June 27, 2024 | 11:01 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Simply Good Foods reported Q3 earnings of $0.50 per share, beating the estimate of $0.48. However, sales of $334.76M missed the $337.66M estimate. This mixed result may lead to short-term volatility in the stock price.
The earnings beat is a positive sign, but the sales miss could offset this, leading to mixed investor sentiment and potential short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100