QuantumScape Q3 EPS $(0.23) Beats $(0.30) Estimate
Portfolio Pulse from totan@benzinga.com
QuantumScape reported Q3 losses of $(0.23) per share, beating the analyst consensus estimate of $(0.30) by 23.33 percent. This represents a 14.81 percent increase over losses from the same period last year.
October 25, 2023 | 9:02 pm
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POSITIVE IMPACT
QuantumScape's Q3 earnings beat analyst estimates, showing a 14.81% improvement from last year.
QuantumScape's better-than-expected Q3 earnings indicate a positive financial performance, which could lead to an increase in investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100