Advanced Emissions Solns Q3 EPS $(0.07) Beats $(0.11) Estimate, Sales $29.83M Beat $25.50M Estimate
Portfolio Pulse from bharat@benzinga.com
Advanced Emissions Solutions (NASDAQ:ADES) reported Q3 losses of $(0.07) per share, beating the analyst consensus estimate of $(0.11) by 36.36%. The company also reported quarterly sales of $29.83 million, surpassing the analyst consensus estimate of $25.50 million by 16.98%. This represents a 46.15% increase in losses and a 4.90% increase in sales compared to the same period last year.
November 08, 2023 | 9:59 pm
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POSITIVE IMPACT
Advanced Emissions Solutions reported better than expected Q3 results, with both EPS and sales beating estimates. This could potentially lead to a positive market reaction.
The company reported better than expected earnings and sales for Q3, which is generally seen as a positive signal by the market. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100