Sandvik: Q1 Earnings Insights

Sandvik (OTC:SDVKY) reported its Q1 earnings results on Friday, April 21, 2023 at 05:46 AM. Here’s what investors…

Sandvik (OTC:SDVKY) reported its Q1 earnings results on Friday, April 21, 2023 at 05:46 AM.

Here’s what investors need to know about the announcement.

Earnings

Sandvik reported in-line EPS of $0.29 versus an estimate of $0.29.

Revenue was up $295.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 5.24% increase in the share price the next day.

Here’s a look at Sandvik’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.29 0.21 0.27 0.32
EPS Actual 0.26 0.30 0.30 0.29
Revenue Estimate 2.82B 2.45B 2.45B 3.04B
Revenue Actual 2.92B 2.78B 2.75B 2.67B

To track all earnings releases for Sandvik visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Why Is Energy Company EQT Stock Sliding Today?

EQT Corp reports Q4 FY24 revenue of $1.549 billion, below consensus, with adjusted EPS of $0.48 missing expectations. Production reaches 564 Bcfe, driven by operational efficiency gains, but the average realized price dips to $2.75/Mcfe. With 2024 sales volume projections of 2,200 – 2,300 Bcfe and strategic capex plans, EQT navigates midstream constraints, eyeing growth amidst industry shifts.

EQT