SMART Glb Hldgs: Q1 Earnings Insights

SMART Glb Hldgs (NASDAQ:SGH) reported its Q1 earnings results on Tuesday, January 9, 2024 at 04:05 PM. Here’s…

SMART Glb Hldgs (NASDAQ:SGH) reported its Q1 earnings results on Tuesday, January 9, 2024 at 04:05 PM.

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

Earnings

SMART Glb Hldgs beat estimated earnings by 50.0%, reporting an EPS of $0.24 versus an estimate of $0.16.

Revenue was down $191.23 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 44.44% drop in the share price the next day.

Here’s a look at SMART Glb Hldgs’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.45 0.40 0.60 0.57
EPS Actual 0.35 0.66 0.76 0.79
Revenue Estimate 375.04M 375.50M 434.93M 447.70M
Revenue Actual 316.66M 383.33M 429.17M 465.48M

To track all earnings releases for SMART Glb Hldgs 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

Markets Turn Bullish After Dow Rises For Third Straight Session

The CNN Money Fear and Greed index showed an improvement in overall sentiment among U.S. investors on Thursday. U.S. stocks closed higher on Thursday following the release of initial jobless claims data, which rose to 261,000 in the week ended June 3, the highest level since Oct. 2021, and above market estimates of 235,000.

CVNA