Dave Q3 EPS $(1.01) Beats $(1.88) Estimate, Sales $65.81M Beat $62.25M Estimate
Portfolio Pulse from mahesh@benzinga.com
Dave (NASDAQ:DAVE) reported Q3 losses of $(1.01) per share, beating the analyst consensus estimate of $(1.88) by 46.28%. This is a 75.72% increase over losses from the same period last year. The company also reported quarterly sales of $65.81 million, beating the analyst consensus estimate of $62.25 million by 5.72%. This is a 15.85% increase over sales from the same period last year.
November 07, 2023 | 10:01 pm
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Dave's Q3 earnings beat analyst estimates with losses per share and sales showing significant increases over the same period last year.
Dave's Q3 earnings beat analyst estimates, which is generally seen as a positive sign by investors. The significant increases in losses per share and sales over the same period last year suggest that the company's financial performance is improving, which could lead to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100