Garrett Motion Q3 EPS $0.23 Up From $0.21 YoY, Sales $960.00M Miss $995.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Garrett Motion (NASDAQ:GTX) reported Q3 earnings of $0.23 per share, a 9.52% increase YoY. However, the company's quarterly sales of $960.00 million missed the analyst consensus estimate of $995.00 million by 3.52%.
October 24, 2023 | 11:06 am
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NEUTRAL IMPACT
Garrett Motion's Q3 earnings beat last year's figures but sales missed estimates.
While Garrett Motion's Q3 earnings have increased YoY, the company's sales have missed the analyst consensus estimate. This mixed result may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100