Published on 3 May 2023 on Zacks via Yahoo Finance
Envela Corporation (ELA) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 125%. A quarter ago, it was expected that this company would post earnings of $0.13 per share when it actually produced earnings of $0.22, delivering a surprise of 69.23%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.