LanzaTech Global Q2 EPS $(0.14) Misses $(0.13) Estimate, Sales $12.92M Miss $14.50M Estimate
Portfolio Pulse from sunil@benzinga.com
LanzaTech Global (NASDAQ:LNZA) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.13) by 7.69%. The company also reported quarterly sales of $12.92 million, missing the analyst consensus estimate of $14.50 million by 10.92%. However, these figures represent a 94.95% increase in losses and a 31.11% increase in sales from the same period last year.
August 09, 2023 | 10:16 am
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LanzaTech Global's Q2 earnings missed analyst estimates, with higher losses and lower sales than expected. However, both losses and sales have increased compared to the same period last year.
LanzaTech Global's Q2 earnings missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the YoY increase in losses and sales may be seen as a positive sign of growth, potentially mitigating some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100