Skillz Q3 EPS $(1.57) Misses $(1.46) Estimate, Sales $36.43M Miss $40.24M Estimate
Portfolio Pulse from totan@benzinga.com
Skillz reported Q3 losses of $(1.57) per share, missing the analyst consensus estimate of $(1.46) by 7.53 percent. This is a 1.88 percent increase over losses from the same period last year. The company also reported quarterly sales of $36.43 million, missing the analyst consensus estimate of $40.24 million by 9.48 percent, a 39.55 percent decrease from the same period last year.
November 08, 2023 | 9:49 pm
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Skillz reported worse than expected Q3 results, with both EPS and sales missing estimates. This could negatively impact the stock in the short term.
Skillz reported Q3 losses of $(1.57) per share, missing the analyst consensus estimate of $(1.46). The company also reported quarterly sales of $36.43 million, missing the analyst consensus estimate of $40.24 million. These misses could lead to negative sentiment among investors, potentially putting downward pressure on the stock in the short term.
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