Uxin Q4 EPS $(0.02) Beats $(0.10) Estimate, Sales $50.06M Miss $70.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Uxin (NASDAQ:UXIN) reported Q4 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.10) by 80%. However, the company's quarterly sales of $50.06 million missed the analyst consensus estimate of $70.14 million by 28.63%. This represents a 37.25% decrease over sales of $79.78 million from the same period last year.
August 14, 2023 | 10:10 am
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Uxin's Q4 earnings per share beat estimates, but sales fell short. This mixed result could lead to uncertainty in the market.
Uxin's earnings per share exceeded expectations, which is a positive signal for investors. However, the company's sales fell short of estimates, which could be a cause for concern. The mixed results may lead to uncertainty in the market, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100