Enthusiast Gaming Q3 EPS $(0.38) Down From $(0.25) YoY, Revenue $45.6M Misses $48.963M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enthusiast Gaming reported a Q3 EPS of $(0.38), a decline from $(0.25) YoY. Revenue was $45.6M, which did not meet the estimated $48.963M. This indicates a weaker financial performance than expected for the quarter.
November 13, 2023 | 9:33 pm
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Enthusiast Gaming's Q3 earnings report showed a decrease in EPS and a revenue shortfall compared to estimates, indicating potential concerns over the company's financial health and growth.
The reported decrease in EPS and missed revenue expectations are key indicators of a company's financial performance. Such results can lead to negative investor sentiment and a potential decrease in stock price in the short term as the market reacts to the underperformance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100