Microvast Q3 Adj. EPS $(0.03) vs $(0.06) Est.
Portfolio Pulse from Benzinga Newsdesk
Microvast reported its Q3 adjusted EPS at $(0.03), which is better than the estimated $(0.06).
November 09, 2023 | 9:27 pm
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Microvast's Q3 adjusted EPS of $(0.03) surpassed the estimated $(0.06), indicating a better than expected performance.
Earnings per share (EPS) is a key indicator of a company's profitability. Microvast's better than expected Q3 adjusted EPS suggests the company is performing well, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100