OFS Capital Q3 2024 Adj. EPS $0.27 Beats $0.26 Estimate, Sales $10.918M Miss $11.030M Estimate
Portfolio Pulse from Benzinga Newsdesk
OFS Capital reported Q3 2024 earnings per share of $0.27, beating the estimate of $0.26, but sales of $10.918M missed the $11.030M estimate. Both earnings and sales decreased significantly compared to the same period last year.
October 31, 2024 | 8:47 pm
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NEUTRAL IMPACT
OFS Capital's Q3 2024 earnings per share beat estimates, but sales fell short. Both earnings and sales showed a significant decline compared to the previous year.
OFS Capital's earnings per share exceeded expectations, which is a positive sign, but the miss on sales and the year-over-year decline in both earnings and sales could concern investors. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100