Cemtrex (NASDAQ:CETX) reported its Q1 earnings results on Monday, February 12, 2024 at 04:20 PM.
Here's what investors need to know about the announcement.
Earnings
Cemtrex missed estimated earnings by 33.72%, reporting an EPS of $-1.15 versus an estimate of $-0.86.
Revenue was up $4.91 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.81 which was followed by a 16.95% drop in the share price the next day.
Here's a look at Cemtrex's past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | -3.59 | -0.32 | -1.63 | |
| EPS Actual | -1.78 | -1.23 | -0.71 | -3.80 |
| Revenue Estimate | 15.32M | 14.45M | 13.88M | 13.30M |
| Revenue Actual | 16.90M | 14.73M | 16.07M | 11.97M |
To track all earnings releases for Cemtrex visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.