QuantumScape Q2 EPS $(0.26) Misses $(0.20) Estimate
Portfolio Pulse from bharat@benzinga.com
QuantumScape reported Q2 losses of $(0.26) per share, missing the analyst consensus estimate of $(0.20) by 30 percent. This represents an 18.18 percent decrease over losses from the same period last year.
July 26, 2023 | 8:18 pm
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NEGATIVE IMPACT
QuantumScape's Q2 earnings missed analyst estimates, with losses increasing by 18.18% YoY.
QuantumScape's Q2 earnings missed analyst estimates, which is typically a negative signal for investors. The increase in losses YoY further exacerbates this negative sentiment, which could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100