Snail Q2 EPS $(0.11) Misses $0.07 Estimate, Sales $9.89M Miss $22.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Snail (NASDAQ:SNAL) reported Q2 losses of $(0.11) per share, missing the analyst consensus estimate of $0.07 by 257.14 percent. The company also reported quarterly sales of $9.89 million, missing the analyst consensus estimate of $22.48 million by 56.00 percent.
August 14, 2023 | 8:43 pm
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NEGATIVE IMPACT
Snail's Q2 earnings per share and sales significantly missed analyst estimates, which could negatively impact the stock price in the short term.
Snail's Q2 earnings per share and sales fell significantly short of analyst estimates. This underperformance 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