ECARX Holdings Q2 EPS $(0.07) Beats $(0.11) Estimate, Sales $131.40M Beat $130.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
ECARX Holdings (NASDAQ:ECX) reported Q2 losses of $(24.30) per share, missing the analyst consensus estimate of $(0.11) by 21990.91 percent. However, the company's quarterly sales of $131.40 million beat the analyst consensus estimate of $130.78 million by 0.47 percent.
August 09, 2023 | 11:04 am
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NEGATIVE IMPACT
ECARX Holdings reported a significant miss on its Q2 EPS, but a slight beat on sales.
The significant miss on earnings per share is likely to negatively impact the stock price in the short term, despite the slight beat on sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100