Hyzon Motors Q2 EPS $(0.25) Misses $(0.18) Estimate
Portfolio Pulse from Benzinga Newsdesk
Hyzon Motors reported Q2 losses of $0.25 per share, missing the analyst consensus estimate of $0.18 by 38.89%. This represents a 256.25% decrease over earnings of $0.16 per share from the same period last year.
August 08, 2023 | 10:02 am
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NEGATIVE IMPACT
Hyzon Motors' Q2 earnings per share of $0.25 missed the consensus estimate by 38.89%, a significant decrease from the same period last year.
Hyzon Motors reported a larger than expected loss for Q2, missing analyst estimates by a significant margin. This is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100