E2open Parent Holdings Q2 EPS $0.04 Misses $0.05 Estimate, Sales $157.70M Miss $159.66M Estimate
Portfolio Pulse from Happy Mohamed
E2open Parent Holdings (NYSE:ETWO) reported Q2 earnings of $0.04 per share, missing the analyst consensus estimate of $0.05 by 20%. The company also reported quarterly sales of $157.70 million, missing the analyst consensus estimate of $159.66 million by 1.23%. This represents a decrease in both earnings and sales compared to the same period last year.
October 10, 2023 | 8:29 pm
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NEGATIVE IMPACT
E2open's Q2 earnings and sales missed estimates, which could negatively impact investor sentiment and the company's stock price in the short term.
E2open's earnings and sales for Q2 have both missed estimates, which is typically seen as a negative signal by investors. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100