BrightView Hldgs Q3 2024 Adj. EPS $0.32, Inline, Sales $738.80M Miss $741.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
BrightView Holdings (NYSE: BV) reported Q3 2024 adjusted EPS of $0.32, meeting analyst expectations. However, the company missed sales estimates, reporting $738.80 million compared to the expected $741.00 million, a 3.55% decrease from the same period last year.
July 31, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
BrightView Holdings reported Q3 2024 adjusted EPS of $0.32, meeting analyst expectations. However, the company missed sales estimates, reporting $738.80 million compared to the expected $741.00 million, a 3.55% decrease from the same period last year.
While BrightView Holdings met EPS expectations, the slight miss on sales and the year-over-year decline in revenue may create a neutral short-term impact on the stock price. Investors might be concerned about the revenue decline, but the inline EPS could balance the sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100