Enlight Renewable Energy Q4 EPS $0.12 Misses $0.16 Estimate, Sales $73.83M Miss $85.27M Estimate
Portfolio Pulse from totan@benzinga.com
Enlight Renewable Energy (NASDAQ:ENLT) reported Q4 earnings of $0.12 per share, missing the consensus estimate of $0.16. Quarterly sales were $73.83M, also below the estimate of $85.27M.
February 26, 2024 | 11:38 am
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NEGATIVE IMPACT
Enlight Renewable Energy reported lower-than-expected Q4 earnings and sales, missing consensus estimates.
Missing both earnings and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100