NCS Multistage Holdings Q3 Adj $1.50 Beats $1.27 Estimate, Sales $44.01M Beat $42.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
NCS Multistage Holdings reported Q3 earnings of $1.50 per share, surpassing the $1.27 estimate, despite a 21.47% decrease from last year. Sales reached $44.01M, beating the $42.80M estimate and marking a 14.96% increase from the previous year.
October 30, 2024 | 9:09 pm
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NCS Multistage Holdings reported Q3 earnings of $1.50 per share, beating the $1.27 estimate, despite a 21.47% decrease from last year. Sales of $44.01M exceeded the $42.80M estimate, showing a 14.96% increase from the previous year.
NCSM's earnings and sales both exceeded analyst estimates, which is typically a positive indicator for stock performance. Despite a year-over-year decrease in earnings, the beat on estimates and sales growth suggests positive market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100