Atlantica Sustainable Q3 EPS $0.18 Beats $0.11 Estimate, Sales $303.96M Miss $326.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Atlantica Sustainable (NASDAQ:AY) reported Q3 earnings of $0.18 per share, beating the analyst consensus estimate of $0.11 by 63.64%. This is a 238.46% increase from the same period last year. However, the company's quarterly sales of $303.96 million missed the analyst consensus estimate of $326.48 million by 6.90%.
November 08, 2023 | 12:53 pm
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NEUTRAL IMPACT
Atlantica Sustainable's Q3 earnings beat estimates, but sales missed expectations. This mixed result could lead to volatility in the stock's price.
Atlantica Sustainable reported better than expected earnings but lower than expected sales. This mixed result could lead to uncertainty among investors, potentially causing volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100