Waterdrop: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Waterdrop (NYSE:WDH) reported Q3 earnings with an EPS of $0.003, missing estimates by 85.0% against the expected $0.02. Revenue also declined by $14.46 million compared to the same period last year. Following last quarter's earnings miss, the share price dropped by 8.9% the next day.

December 07, 2023 | 10:10 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Waterdrop reported a significant miss in Q3 earnings with an 85% shortfall from expected EPS and a year-over-year revenue decline of $14.46 million.
Given the substantial miss in both EPS and revenue, and considering the historical 8.9% drop in share price following the last earnings miss, it is likely that WDH will experience a negative short term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100