Pinstripes Holdings Q4 Sales $36.198M Miss $39.133M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pinstripes Holdings (NYSE:PNST) reported Q4 sales of $36.198 million, missing the analyst consensus estimate of $39.133 million by 7.50%.
June 27, 2024 | 8:07 pm
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NEGATIVE IMPACT
Pinstripes Holdings reported Q4 sales of $36.198 million, missing the analyst consensus estimate of $39.133 million by 7.50%. This shortfall may negatively impact investor sentiment and the stock price in the short term.
The reported sales figure missing the consensus estimate by 7.50% is likely to be viewed negatively by investors, potentially leading to a short-term decline in the stock price. The miss indicates weaker-than-expected performance, which can affect investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100