Haynes Intl Q3 EPS $0.63 Misses $0.83 Estimate, Sales $153.92M Miss $158.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
Haynes Intl (NASDAQ:HAYN) reported Q3 earnings of $0.63 per share, missing the analyst estimate of $0.83. Sales were $153.92M, below the $158.81M estimate. EPS decreased by 7.35% YoY, while sales increased by 6.96% YoY.
August 01, 2024 | 8:52 pm
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Haynes Intl reported Q3 EPS of $0.63, missing the $0.83 estimate, and sales of $153.92M, below the $158.81M estimate. EPS decreased by 7.35% YoY, while sales increased by 6.96% YoY.
The significant miss on both EPS and sales estimates is likely to negatively impact HAYN's stock price in the short term. The YoY decrease in EPS and the failure to meet analyst expectations will likely lead to investor disappointment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100