Arco Platform Q1 EPS $(0.12) Misses $(0.09) Estimate, Sales $102.95M Miss $106.95M Estimate
Portfolio Pulse from Happy Mohamed
Arco Platform reported Q1 losses of $(0.12) per share, missing the $(0.09) estimate, and sales of $102.95M, missing the $106.95M estimate. This represents a 209.09% decrease in earnings and a 25.25% increase in sales compared to the same period last year.
May 25, 2023 | 8:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Arco Platform's Q1 earnings and sales missed estimates, with a 209.09% decrease in earnings and a 25.25% increase in sales YoY.
Arco Platform's Q1 results missed analyst estimates, with a significant decrease in earnings and a smaller increase in sales compared to the same period last year. This underperformance is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100