GreenPower Motor Co Q3 EPS $(0.19) Misses $(0.13) Estimate, Sales $8.16M Miss $13.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
GreenPower Motor Co (NASDAQ:GP) reported Q3 earnings with a loss of $(0.19) per share, missing the $(0.13) estimate, and sales of $8.16M, missing the $13.40M estimate. This represents a significant decrease in performance compared to the same period last year.
February 13, 2024 | 6:25 am
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NEGATIVE IMPACT
GreenPower Motor Co reported a larger than expected loss per share and a significant miss in sales for Q3, indicating a downturn in performance.
The reported earnings miss and significant sales shortfall compared to analyst estimates suggest a negative short-term impact on GP's stock price. The comparison to last year's performance further emphasizes the downturn, likely leading to negative investor sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100