Vroom Q2 Sales $225.18M Miss $226.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vroom (NASDAQ:VRM) reported Q2 sales of $225.18 million, missing the analyst consensus estimate of $226.51 million by 0.59 percent. This represents a 52.64 percent decrease from the same period last year.
August 08, 2023 | 8:39 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Vroom's Q2 sales missed analyst estimates and decreased significantly from the same period last year.
Vroom's Q2 sales not only missed analyst estimates but also showed a significant year-over-year decrease. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100