Perfect Q3 Adj $0.03, Inline, Sales $16.13M Miss $16.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perfect (NYSE:PERF) reported Q3 earnings of $0.03 per share, meeting analyst expectations. However, sales of $16.13 million missed the $16.79 million estimate, despite a 10.85% increase from last year.
October 29, 2024 | 10:51 am
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NEUTRAL IMPACT
Perfect's Q3 earnings per share met expectations, but sales fell short of estimates, despite a year-over-year increase.
The earnings per share meeting expectations is neutral for the stock price, while the sales miss could be seen as a negative. However, the year-over-year sales growth may offset some of the negative sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100