Five Point Holdings Q3 EPS $0.07 Down From $0.09 YoY, Sales $17.01M Down From $65.92M YoY
Portfolio Pulse from Benzinga Newsdesk
Five Point Holdings reported a significant decline in both earnings per share (EPS) and sales for Q3. EPS decreased by 22.22% to $0.07, and sales dropped by 74.19% to $17.01 million compared to the same period last year.
October 17, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Five Point Holdings reported a 22.22% decrease in EPS to $0.07 and a 74.19% decrease in sales to $17.01 million for Q3, indicating a challenging financial period.
The significant decline in both EPS and sales suggests financial difficulties, likely leading to a negative short-term impact on FPH's stock price. The 22.22% drop in EPS and 74.19% drop in sales are substantial, indicating potential investor concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100