iSun Q3 EPS $(0.07) Misses $(0.04) Estimate, Sales $27.91M Beat $26.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
iSun reported Q3 earnings with a loss of $(0.07) per share, missing the $(0.04) estimate by 75%, but improved from last year's $(0.36) loss. Sales were $27.91M, exceeding the $26.68M estimate by 4.61% and up 46.63% from last year.
November 14, 2023 | 1:08 pm
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NEUTRAL IMPACT
iSun's Q3 EPS of $(0.07) missed estimates by 75%, but sales of $27.91M exceeded expectations and grew significantly from the previous year.
The missed EPS estimate is negative for investor sentiment, but the beat on revenue and significant year-over-year growth may offset the EPS miss to some extent. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100