Recap: E2open Parent Holdings Q3 Earnings
Portfolio Pulse from Benzinga Insights
E2open Parent Holdings (NYSE:ETWO) reported Q3 earnings with an EPS of $0.04, meeting estimates but with revenue down $8.50 million year-over-year. Last quarter's EPS miss led to a significant stock price drop.
January 09, 2024 | 9:20 pm
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E2open Parent Holdings reported Q3 earnings with in-line EPS of $0.04 but lower year-over-year revenue, potentially impacting investor sentiment.
E2open met EPS estimates, which could be seen as a positive sign. However, the decrease in revenue and the previous quarter's negative stock reaction to an EPS miss may cause concern among investors. The neutral score reflects the balance between meeting EPS expectations and the revenue decline.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100