Twin Disc Q4 GAAP EPS $0.53 Down From $0.62 YoY, Sales $84.42M Beat $78.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Twin Disc (NASDAQ:TWIN) reported Q4 GAAP EPS of $0.53, a 14.52% decrease from $0.62 YoY. However, sales of $84.42M beat the $78.90M estimate, marking a 0.59% increase from $83.92M YoY.
August 15, 2024 | 12:02 pm
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Twin Disc reported a 14.52% decrease in Q4 GAAP EPS to $0.53, but sales of $84.42M beat estimates and increased 0.59% YoY.
The decrease in EPS may concern investors, but the beat on sales estimates and slight YoY increase in sales could offset some of the negative sentiment. Overall, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100