Urban-gro: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Urban-gro (NASDAQ:UGRO) reported Q3 earnings, beating estimated earnings by 23.08% with an EPS of $-0.2 versus an estimate of $-0.26. Revenue was up $8.57 million from the same period last year. However, last quarter the company missed on EPS by $0.22, which was followed by a 8.08% drop in the share price the next day.
November 09, 2023 | 9:15 pm
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Urban-gro's Q3 earnings beat estimates, which could positively impact the stock. However, past performance shows a drop in share price following a missed EPS last quarter.
Urban-gro's Q3 earnings beat estimates, which is generally a positive signal for investors and could lead to a short-term increase in the stock price. However, investors may also consider the company's past performance, which shows a drop in share price following a missed EPS last quarter. This could indicate potential volatility in the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100