Eos Energy Enterprises Q2 EPS $(1.12) Misses $(0.37) Estimate, Sales $249.00K Miss $2.33M Estimate
Portfolio Pulse from sunil@benzinga.com
Eos Energy Enterprises (NASDAQ:EOSE) reported Q2 losses of $(1.12) per share, missing the analyst consensus estimate of $(0.37) by 202.7%. This is a 10.89% decrease over losses from the same period last year. The company also reported quarterly sales of $249.00K, missing the analyst consensus estimate of $2.33M by 89.31%. This is a 95.78% decrease over sales from the same period last year.
August 14, 2023 | 9:07 pm
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NEGATIVE IMPACT
Eos Energy Enterprises reported a larger than expected loss and lower than expected sales for Q2, which could negatively impact the stock price.
Eos Energy Enterprises reported a larger than expected loss and lower than expected sales for Q2. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100