Zepp Health Q1 Adj EPADS $(0.27) Misses $(0.02) Estimate, Sales $93.95M Miss $122.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zepp Health reported Q1 adjusted EPS of $(0.27), missing the $(0.02) estimate by 1250%, and sales of $93.95M, missing the $122.93M estimate by 23.58%. This represents a 42.11% decrease in EPS and a 21.33% decrease in sales compared to the same period last year.
May 23, 2023 | 10:02 am
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NEGATIVE IMPACT
Zepp Health's Q1 earnings missed estimates with a 1250% larger loss and a 23.58% lower sales figure compared to expectations.
Zepp Health's Q1 earnings report showed a significant miss in both EPS and sales estimates. The EPS miss of 1250% and sales miss of 23.58% indicate a weaker financial performance than expected, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100