Published on 2 Nov 2022 on Zacks via Yahoo Finance
Envela Corporation (ELA) Q3 Earnings and Revenues Surpass Estimates
Envela Corporation (ELA) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.14, delivering a surprise of 55.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.