Sally Beauty Holdings Q3 Adj $0.45 Beats $0.40 Estimate, Sales $942.34M Beat $931.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sally Beauty Holdings (NYSE:SBH) reported Q3 earnings of $0.45 per share, beating the analyst estimate of $0.40. Sales were $942.34 million, also surpassing the estimate of $931.68 million. Despite the beats, earnings decreased by 8.16% year-over-year.
August 08, 2024 | 10:49 am
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Sally Beauty Holdings reported Q3 earnings of $0.45 per share, beating the analyst estimate of $0.40. Sales were $942.34 million, also surpassing the estimate of $931.68 million. Despite the beats, earnings decreased by 8.16% year-over-year.
The earnings and sales beats are positive indicators and likely to boost investor confidence in the short term. However, the year-over-year decline in earnings may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100