financetom
Business
financetom
/
Business
/
Duckhorn Shares Double After Fiscal Q4 Adjusted Earnings, Net Sales Beat Estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Duckhorn Shares Double After Fiscal Q4 Adjusted Earnings, Net Sales Beat Estimates
Oct 7, 2024 4:52 AM

07:41 AM EDT, 10/07/2024 (MT Newswires) -- The Duckhorn Portfolio's ( NAPA ) shares were up more than 101% in Monday's premarket activity after it beat earnings and revenue expectations.

The wine company reported fiscal Q4 adjusted net income Monday day of $0.14 per diluted share, down from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.10.

Net sales for the fiscal quarter ended July 31 was $107.4 million, up from $100.1 million a year earlier.

Analysts surveyed by Capital IQ expected $104.8 million.

Price: 10.86, Change: +5.46, Percent Change: +101.11

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved