Fisker Q3 EPS $(0.27) vs $(0.49) YoY
Portfolio Pulse from Benzinga Newsdesk
Fisker Inc. reported a Q3 earnings per share (EPS) of $(0.27), which is an improvement compared to $(0.49) in the same quarter of the previous year.
November 13, 2023 | 9:45 pm
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Fisker Inc.'s Q3 EPS improved to $(0.27) from $(0.49) year-over-year, indicating better financial performance.
The improvement in Fisker's EPS suggests that the company is becoming more profitable or managing its costs more effectively, which is typically viewed positively by investors. This could lead to a short-term increase in stock price as the market reacts to the better-than-expected earnings report.
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