Allbirds Q3 EPS $(0.21) Vs $(0.17) Last Year, Sales $57.24M Miss $59.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Allbirds reported Q3 earnings per share (EPS) of $(0.21), which is lower than the $(0.17) reported last year. The company's sales of $57.24M also missed the estimated $59.40M.
November 08, 2023 | 9:24 pm
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NEGATIVE IMPACT
Allbirds' Q3 earnings per share (EPS) fell to $(0.21) from $(0.17) last year, and sales missed the estimate. This could negatively impact the company's stock price.
Allbirds' lower-than-expected Q3 earnings and sales could lead to a decrease in investor confidence, which may result in a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100