Healthcare Services Group Q3 2024 GAAP EPS $0.19 Misses $0.20 Estimate, Sales $428.149M Miss $429.663M Estimate
Portfolio Pulse from Benzinga Newsdesk
Healthcare Services Group reported Q3 2024 earnings per share of $0.19, missing the estimate of $0.20. Sales were $428.149 million, slightly below the expected $429.663 million.
October 23, 2024 | 11:01 am
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NEGATIVE IMPACT
Healthcare Services Group's Q3 2024 earnings and sales both missed analyst estimates, which could lead to a negative short-term impact on the stock price.
The company's earnings per share and sales figures both fell short of analyst expectations, which typically results in a negative reaction from investors. This underperformance may lead to a decrease in the stock price in the short term as the market adjusts to the missed targets.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100