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Envela Q3 2023 Gaap EPS $0.06 Misses $0.07 Estimate, Sales $36.27M Miss $51.73M Estimate

Benzinga ·  Nov 8, 2023 17:26

Envela (AMEX:ELA) reported quarterly earnings of $0.06 per share which missed the analyst consensus estimate of $0.07 by 14.29 percent. This is a 50 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $36.27 million which missed the analyst consensus estimate of $51.73 million by 29.89 percent. This is a 19.77 percent decrease over sales of $45.20 million the same period last year.

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