LanzaTech Global Q3 EPS $(0.13) Misses $(0.12) Estimate, Sales $19.61M Miss $23.50M Estimate
Portfolio Pulse from bharat@benzinga.com
LanzaTech Global (NASDAQ:LNZA) reported Q3 losses of $(0.13) per share, missing the analyst consensus estimate of $(0.12) by 8.33%. The company also reported quarterly sales of $19.61 million, missing the analyst consensus estimate of $23.50 million by 16.57%. Despite the misses, both figures represent significant increases from the same period last year.
November 09, 2023 | 12:31 pm
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LanzaTech Global's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term. However, the YoY growth might mitigate some of the negative impact.
LanzaTech Global's Q3 earnings and sales missed analyst estimates, which is typically a negative signal for the stock. However, the significant YoY growth in both earnings and sales might be seen as a positive signal by some investors, potentially mitigating some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100