Panasonic Holdings Q1 EPS $0.63 Beats $0.21 Estimate, Sales $14.80B Miss $15.07B Estimate
Portfolio Pulse from Benzinga Newsdesk
Panasonic Holdings (OTC:PCRFY) reported Q1 earnings of $0.15 per share, missing the analyst consensus estimate of $0.21 by 27.14%. This is a 4.38% decrease from the same period last year. The company also reported quarterly sales of $14.81 billion, missing the analyst consensus estimate of $15.07 billion by 1.73%. This is a 2.82% decrease from the same period last year.
July 31, 2023 | 7:50 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Panasonic's Q1 earnings and sales missed estimates, with a YoY decrease in both. This could negatively impact the company's stock price in the short term.
Panasonic's earnings and sales for Q1 have both missed estimates and decreased compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100