Lakeside Holding FY24 EPS $(0.04) Down From $0.16 YoY, Sales $16.45M Up From $12.76M YoY
Portfolio Pulse from Benzinga Newsdesk
Lakeside Holding (NASDAQ:LSH) reported a quarterly loss of $(0.04) per share, a 125% decrease from $0.16 per share last year. However, sales increased by 28.89% to $16.45 million from $12.76 million.
October 01, 2024 | 1:04 pm
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NEGATIVE IMPACT
Lakeside Holding's earnings per share decreased by 125% to a loss of $(0.04), while sales increased by 28.89% to $16.45 million. This mixed result may cause short-term volatility in the stock price.
The significant drop in EPS from $0.16 to a loss of $(0.04) is likely to negatively impact investor sentiment, despite the positive sales growth. This mixed performance could lead to short-term volatility in LSH's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100