Park Aerospace Q1 EPS $0.09 Down From $0.12 YoY, Sales $13.97M Down From $15.55M YoY
Portfolio Pulse from Benzinga Newsdesk
Park Aerospace (NYSE:PKE) reported a 25% decrease in Q1 EPS to $0.09 from $0.12 YoY, and a 10.17% decrease in sales to $13.97M from $15.55M YoY.
July 16, 2024 | 8:11 pm
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NEGATIVE IMPACT
Park Aerospace reported a significant decline in both EPS and sales for Q1, with EPS down 25% and sales down 10.17% YoY.
The 25% decrease in EPS and 10.17% decrease in sales indicate a weaker financial performance compared to the same period last year. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100