ECARX Holdings Q3 EPS $(0.11) Misses $(0.09) Estimate, Sales $148.00M Miss $160.36M Estimate
Portfolio Pulse from totan@benzinga.com
ECARX Holdings (NASDAQ:ECX) reported Q3 losses of $(0.11) per share, missing the analyst consensus estimate of $(0.09) by 22.22%. The company also reported quarterly sales of $148.00 million, missing the analyst consensus estimate of $160.36 million by 7.71%.
November 09, 2023 | 12:07 pm
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NEGATIVE IMPACT
ECARX Holdings reported Q3 losses and sales that missed analyst estimates.
ECARX Holdings reported lower than expected earnings and sales for Q3. This negative news is likely to impact the company's stock price in the short term as it indicates weaker than expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100