Cineverse Q4 Sales $12.50M Miss $12.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cineverse's Q4 sales of $12.50 million missed the analyst consensus estimate of $12.60 million by 0.79 percent. This represents a 25.82 percent decrease compared to the same period last year.
June 29, 2023 | 8:08 pm
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NEGATIVE IMPACT
Cineverse's lower than expected Q4 sales could negatively impact its stock price in the short term.
Cineverse's Q4 sales missed the analyst consensus estimate and decreased significantly compared to the same period last year. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100