Eos Energy Enterprises Q3 EPS $(0.05) Up From $(1.12) YoY, Sales $684.00K Miss $4.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eos Energy Enterprises reported Q3 losses of $(0.05) per share, a 95.54% increase YoY. The company's quarterly sales were $684.00K, missing the analyst consensus estimate of $4.37M by 84.35%, a decrease of 88.72% YoY.
November 06, 2023 | 10:13 pm
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NEGATIVE IMPACT
Eos Energy Enterprises reported a significant YoY increase in EPS but missed sales estimates by a large margin.
While Eos Energy Enterprises reported a significant YoY increase in EPS, the company missed sales estimates by a large margin. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100