Turtle Seashore (HEAR) got here out with a quarterly lack of $0.18 per share versus the Zacks Conse
Turtle Seashore (HEAR) got here out with a quarterly lack of $0.18 per share versus the Zacks Consensus Estimate of a lack of $0.29. This compares to earnings of $0.91 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 37.93%. 1 / 4 in the past, it was anticipated that this audio know-how firm would submit a lack of $0.18 per share when it really produced a lack of $0.06, delivering a shock of 66.67%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
Turtle Seashore, which belongs to the Zacks Communication – Parts trade, posted revenues of $46.72 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 8.16%. This compares to year-ago revenues of $74.43 million. The corporate has topped consensus income estimates thrice during the last 4 quarters.
The sustainability of the inventory’s instant worth motion primarily based on the…