RCI Hospitality Hldgs Q3 Adj EPS $1.35 Beats $0.82 Estimate, Sales $76.18M Beat $75.71M Estimate
Portfolio Pulse from saritha@benzinga.com
RCI Hospitality Holdings (NASDAQ:RICK) reported Q3 adjusted EPS of $1.35, significantly beating the $0.82 estimate. Sales were $76.18M, slightly above the $75.71M estimate but down 1.14% from last year.
August 08, 2024 | 8:36 pm
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RCI Hospitality Holdings reported Q3 adjusted EPS of $1.35, beating the $0.82 estimate by 64.63%. Sales were $76.18M, slightly above the $75.71M estimate but down 1.14% from last year.
The significant beat on EPS and slight beat on sales estimates are likely to positively impact RICK's stock price in the short term. However, the slight year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100