Bird Glb Q2 EPS $(0.73) Beats $(1.25) Estimate, Sales $48.33M Miss $68.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bird Glb (NYSE:BRDS) reported Q2 losses of $(0.73) per share, beating the analyst consensus estimate of $(1.25) by 41.6%. However, the company's quarterly sales of $48.33 million missed the analyst consensus estimate of $68.72 million by 29.67%. This represents a 36.95% decrease over sales from the same period last year.
August 09, 2023 | 9:40 pm
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NEUTRAL IMPACT
Bird Glb's Q2 earnings beat estimates but sales missed, indicating mixed performance. This could lead to uncertainty among investors.
Bird Glb's earnings beat estimates, which is a positive signal. However, the miss on sales, which is a key performance indicator, could negatively impact investor sentiment. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100