Yext Sees Q4 Adj. EPS $0.07-$0.08 vs $0.07 Est., Revenue $100M-$100.5M vs $102.16M Est.
Portfolio Pulse from Benzinga Newsdesk
Yext announced its Q4 adjusted EPS to be between $0.07-$0.08, which is in line with the $0.07 estimate. However, the company expects revenue to be between $100M-$100.5M, falling short of the estimated $102.16M.
December 05, 2023 | 9:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Yext's Q4 earnings per share are as expected, but revenue projections are below estimates, which could negatively impact investor sentiment and the stock price in the short term.
Meeting EPS estimates typically has a neutral to positive effect on stock prices, but missing revenue estimates can lead to negative investor sentiment. Since revenue is a key indicator of a company's financial health and growth prospects, the lower-than-expected revenue for Yext could lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100