Asure Software Q3 2024 Adj. EPS $0.14 Misses $0.19 Estimate, Sales $29.304M Miss $31.289M Estimate
Portfolio Pulse from Benzinga Newsdesk
Asure Software reported Q3 2024 earnings per share of $0.14, missing the analyst estimate of $0.19. Sales were $29.304 million, below the expected $31.289 million, marking a slight decrease from last year's $29.334 million.
October 31, 2024 | 8:41 pm
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Asure Software's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $0.14 versus $0.19 expected and sales at $29.304M versus $31.289M expected.
The earnings per share and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The miss in EPS by 26.32% and sales by 6.34% indicates weaker than expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100