Dragonfly Energy Hldgs Q2 EPS $(0.25) Misses $(0.19) Estimate, Sales $19.30M Miss $20.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dragonfly Energy Hldgs (NASDAQ:DFLI) reported Q2 losses of $(0.25) per share, missing the analyst consensus estimate of $(0.19) by 31.58 percent. The company also reported quarterly sales of $19.30 million, missing the analyst consensus estimate of $20.80 million by 7.21 percent.
August 21, 2023 | 8:15 pm
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NEGATIVE IMPACT
Dragonfly Energy's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
Dragonfly Energy reported lower than expected earnings and sales for Q2. This underperformance could lead to a decrease in the stock price as it may shake investor confidence in the company's profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100