Expion360 Q3 EPS $(0.26) Misses $(0.20) Estimate, Sales $1.89M Miss $2.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Expion360 (NASDAQ:XPON) reported Q3 losses of $(0.26) per share, missing the analyst consensus estimate of $(0.20) by 30 percent. This is a 36.84 percent decrease from the same period last year. The company also reported quarterly sales of $1.89 million, missing the analyst consensus estimate of $2.05 million by 7.80 percent, but marking a 36.67 percent increase from the same period last year.
November 09, 2023 | 10:14 pm
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Expion360's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
Expion360 reported lower than expected earnings and sales for Q3. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100