FREYR Battery Q2 EPS $(0.18) Beats $(0.26) Estimate
Portfolio Pulse from Benzinga Newsdesk
FREYR Battery (NYSE:FREY) reported Q2 losses of $(0.18) per share, beating the analyst consensus estimate of $(0.26) by 30.77%. This represents a 25% improvement over losses of $(0.24) per share from the same period last year.
August 10, 2023 | 10:07 am
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POSITIVE IMPACT
FREYR Battery's Q2 losses were less than expected, indicating a potential improvement in the company's financial performance.
FREYR Battery's Q2 losses were less than what analysts had predicted, which could be seen as a positive sign by investors. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100