Allbirds Sees Q4 2023 Revenue $66M-$72M Vs $79.37M Est.
Portfolio Pulse from Benzinga Newsdesk
Allbirds has projected its Q4 2023 revenue to be between $66M and $72M, which is lower than the estimated $79.37M.
November 08, 2023 | 10:25 pm
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NEGATIVE IMPACT
Allbirds' lower than expected revenue forecast for Q4 2023 could negatively impact its stock price.
Allbirds' projected revenue for Q4 2023 is lower than the estimated $79.37M, coming in at $66M-$72M. This shortfall in projected revenue could lead to a decrease in investor confidence, potentially causing a negative impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100