Jewett-Cameron Trading Company Ltd. (JCTC) reported an earnings per share (EPS) of -$0.15 for the first quarter of fiscal 2024 ended November 30, 20231. This indicates a loss for the period, with each share contributing negatively to the bottom line.
JCTC Diluted EPS YoY, Diluted EPS
The negative EPS suggests that the company's expenses exceeded its revenues during the quarter, resulting in a decline in profitability. This performance may raise concerns among investors regarding the company's short-term financial health and operational efficiency.