TECH - Napco Q3 Earnings and Revenues Top Estimates | Benzinga
Napco (NASDAQ: NSSC) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this security products and software company would post earnings of $0.26 per share when it actually produced earnings of $0.34, delivering a surprise of 30.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Napco, which belongs to the Zacks Security and Safety Services industry, posted revenues of $49.27 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 2.15%. This compares to year-ago revenues of $43.53 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Napco shares have added ...