GEE Group Q3 2024 Adj EPS $(0.03) Misses $0.01 Estimate, Sales $29.46M Miss $36.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
GEE Group (AMEX:JOB) reported a significant miss in its Q3 2024 earnings and sales. The company posted a loss of $(0.03) per share, missing the analyst estimate of $0.01 by 400%. Sales were $29.46 million, falling short of the $36.94 million estimate by 20.26%. Both earnings and sales showed a notable decline compared to the same period last year.
August 14, 2024 | 8:19 pm
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GEE Group (AMEX:JOB) reported a significant miss in its Q3 2024 earnings and sales. The company posted a loss of $(0.03) per share, missing the analyst estimate of $0.01 by 400%. Sales were $29.46 million, falling short of the $36.94 million estimate by 20.26%. Both earnings and sales showed a notable decline compared to the same period last year.
The significant miss in both earnings and sales compared to analyst estimates and the previous year's performance is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100