Live Ventures Q3 EPS $(0.91) Down From $0.33 YoY, Sales $123.88M Beat $102.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Live Ventures (NASDAQ:LIVE) reported a Q3 EPS loss of $(0.91), a significant decrease from $0.33 YoY. However, sales increased by 35.36% to $123.88M, beating the $102.00M estimate.
August 08, 2024 | 12:34 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Live Ventures reported a Q3 EPS loss of $(0.91), a 375.76% decrease from $0.33 YoY. However, sales increased by 35.36% to $123.88M, beating the $102.00M estimate by 21.45%.
The significant decrease in EPS is a negative indicator, but the strong sales growth and beat on estimates provide a positive counterbalance. This results in a mixed short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100