Hyliion Holdings Q3 EPS $(0.17) Beats $(0.18) Estimate, Sales $96.00K Miss $270.00K Estimate
Portfolio Pulse from totan@benzinga.com
Hyliion Holdings (NYSE:HYLN) reported Q3 losses of $(0.17) per share, beating the analyst consensus estimate of $(0.18) by 5.56 percent. This is a 52.78 percent increase over losses from the same period last year. However, the company's quarterly sales of $96.00 thousand missed the analyst consensus estimate of $270.00 thousand by 64.44 percent, marking an 80.76 percent decrease from the same period last year.
November 08, 2023 | 10:03 pm
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Hyliion Holdings reported better than expected Q3 EPS but missed on sales. This mixed report could lead to volatility in the stock price.
Hyliion Holdings reported a better than expected earnings per share for Q3, which is a positive for the stock. However, the company missed on sales, which is a negative. These mixed results could lead to volatility in the stock price in the short term.
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