Jewett-Cameron Trading Q3 EPS $0.04 Down From $0.21 YoY, Sales $15.90M Down From $18.95M YoY
Portfolio Pulse from Benzinga Newsdesk
Jewett-Cameron Trading (NASDAQ:JCTCF) reported a significant decline in its Q3 earnings and sales. The company's EPS dropped by 80.95% to $0.04 from $0.21 YoY, and sales decreased by 16.10% to $15.90 million from $18.95 million YoY.
July 16, 2024 | 5:44 am
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Jewett-Cameron Trading reported a significant decline in Q3 earnings and sales. EPS fell by 80.95% to $0.04, and sales decreased by 16.10% to $15.90 million YoY.
The significant decline in both EPS and sales indicates potential operational challenges and could lead to a negative short-term impact on the stock price. Investors may react negatively to the sharp drop in profitability and revenue.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100