Recap: Delta Apparel Q4 Earnings - Delta Apparel (AMEX:DLA)

Delta Apparel DLA reported its Q4 earnings results on Thursday, November 18, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

Delta Apparel their estimated earnings by 71.43%, reporting an EPS of $0.96 versus an estimate of $0.56, which surprised analysts.

Revenue was up $1,949,000.00 from the same period last year.

Last quarter the company beat on EPS by $0.39, which was followed by a 2.15% increase in the share price the next day.

Here's a look at Delta Apparel's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.62	0.60	0.06	0.55
EPS Actual	1.01	0.62	0.28	0.71
Revenue Estimate	108.00M	108.20M	94.10M	116.60M
Revenue Actual	118.67M	108.63M	94.72M	116.68M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Delta Apparel management provided guidance for their next quarter, expecting earnings between $0.91 and $0.94 per share for the nextquarter.

This represents a -3.65% in quarter-over-quarter growth for Delta Apparel, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.