BTCS Q2 EPS $(0.07) Misses $(0.06) Estimate, Sales $385.75K Miss $400.00K Estimate
Portfolio Pulse from Happy Mohamed
BTCS reported Q2 losses of $(0.07) per share, missing the analyst consensus estimate of $(0.06) by 16.67%. The company also reported quarterly sales of $385.75K, missing the estimate of $400.00K by 3.56%. This represents a 25.00% decrease over sales from the same period last year.
August 14, 2023 | 1:10 pm
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NEGATIVE IMPACT
BTCS reported lower than expected earnings and sales for Q2, which could negatively impact the stock price in the short term.
BTCS reported lower than expected earnings and sales for Q2. This miss could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100