E2open Parent Holdings Q1 EPS $0.05, Inline, Sales $160.12M Miss $160.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
E2open Parent Holdings (NYSE:ETWO) reported Q1 earnings of $0.05 per share, in line with analyst consensus. This is a 28.57% decrease from the same period last year. The company's quarterly sales of $160.12M missed the analyst consensus estimate of $160.62M by 0.31%, a 0.17% decrease from last year.
July 10, 2023 | 8:19 pm
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E2open's Q1 earnings met analyst expectations but sales missed estimates, indicating potential challenges in revenue growth.
E2open's earnings were in line with analyst expectations, which is a positive sign. However, the company's sales missed estimates, which could indicate potential challenges in revenue growth. This could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100