CORRECTION: Gencor Industries Q3 EPS $0.17 Down From $0.22 YoY, Sales $25.55M Down From $27.88M YoY
Portfolio Pulse from Benzinga Newsdesk
Gencor Industries (NASDAQ:GENC) reported a decrease in Q3 earnings per share (EPS) to $0.17 from $0.22 year-over-year, and a decline in sales to $25.55 million from $27.88 million year-over-year.
August 09, 2024 | 8:42 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Gencor Industries reported a 22.73% decrease in Q3 EPS to $0.17 and an 8.34% decrease in sales to $25.55 million year-over-year.
The significant year-over-year decrease in both EPS and sales is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100