Leafly Holdings Q3 2023 EPS $(1.10) Misses $(1.07) Estimate, Sales $10.58M Miss $10.96M Estimate
Portfolio Pulse from totan@benzinga.com
Leafly Holdings (NASDAQ:LFLY) reported Q3 2023 earnings per share (EPS) of $(1.10), missing the analyst consensus estimate of $(1.07) by 2.8%. This represents a 119.64% decrease from the same period last year. The company also reported quarterly sales of $10.58 million, missing the analyst consensus estimate of $10.96 million by 3.44%, a 10.17% decrease from the same period last year.
November 09, 2023 | 9:08 pm
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NEGATIVE IMPACT
Leafly Holdings reported lower than expected Q3 2023 earnings and sales, marking significant decreases from the same period last year.
Leafly Holdings reported lower than expected earnings and sales for Q3 2023, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100