Fusion Fuel Green Q3 Sales $2.73M Miss $4.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fusion Fuel Green (NASDAQ:HTOO) reported Q3 sales of $2.73M, falling short of the analyst consensus estimate of $4.93M by 44.65%.
December 04, 2023 | 11:15 am
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NEGATIVE IMPACT
Fusion Fuel Green's Q3 sales underperformed against expectations, missing estimates by 44.65%.
Missing sales estimates by a significant margin often leads to negative investor sentiment and can cause a short-term decline in stock price. Given the magnitude of the miss (44.65%), it is likely that there will be a negative impact on Fusion Fuel Green's stock price in the short term.
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