Polestar Automotive Q3 Sales $613.18M Miss $705.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Polestar Automotive (NASDAQ:PSNY) reported Q3 sales of $613.18 million, missing the analyst consensus estimate of $705.57 million by 13.09 percent. However, this represents a 40.82 percent increase over sales of $435.45 million in the same period last year.
November 08, 2023 | 9:01 pm
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Polestar Automotive's Q3 sales missed analyst estimates by 13.09%, but showed a YoY increase of 40.82%.
Polestar Automotive's Q3 sales missed the analyst consensus, which could negatively impact investor sentiment and potentially lead to a short-term drop in the stock price. However, the YoY growth might mitigate some of this negative impact.
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