UPDATE: ChargePoint Hldgs Q2 EPS $(0.24) Misses $(0.15) Estimate, Sales $150.49M Miss $153.24M Estimate
Portfolio Pulse from Happy Mohamed
ChargePoint Hldgs (NYSE:CHPT) reported Q2 losses of $(0.24) per share, missing the analyst consensus estimate of $(0.15) by 60%. This is a 33.33% decrease from the same period last year. The company also reported quarterly sales of $150.49 million, missing the analyst consensus estimate of $153.24 million by 1.79%. However, this is a 38.97% increase from the same period last year.
September 06, 2023 | 9:13 pm
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ChargePoint's Q2 results missed analyst estimates, with a larger than expected loss per share and lower than expected sales. This could negatively impact the stock in the short term.
ChargePoint's Q2 results were below analyst expectations, with a larger than expected loss per share and lower than expected sales. This 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