Canoo Q2 EPS $(0.14) Beats $(0.19) Estimate
Portfolio Pulse from Benzinga Newsdesk
Canoo (NASDAQ:GOEV) reported Q2 losses of $(0.14) per share, beating the analyst consensus estimate of $(0.19) by 26.32 percent. This represents a 79.41 percent increase over losses of $(0.68) per share from the same period last year.
August 14, 2023 | 8:50 pm
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POSITIVE IMPACT
Canoo's Q2 earnings beat analyst estimates, showing a significant improvement from last year's losses.
Canoo's Q2 earnings beat analyst estimates, which is generally seen as a positive sign by investors. This could lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100