Shyft Group Q3 Adj EPS $0.18, Inline, Sales $194.07M Miss $207.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shyft Group reported Q3 earnings of $0.18 per share, meeting analyst expectations but showing a 5.26% decrease from last year. Sales were $194.07M, missing the $207.80M estimate and down 3.60% from last year.
October 24, 2024 | 11:35 am
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Shyft Group's Q3 earnings met expectations at $0.18 per share, but sales missed estimates, coming in at $194.07M, a 3.60% decrease from last year.
While earnings per share met expectations, the miss on sales and the year-over-year decline in both earnings and sales could negatively impact investor sentiment, potentially leading to a short-term decrease in stock price.
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