Thoughtworks Holding Q4 EPS $0.02 Misses $0.03 Estimate, Sales $252.39M Miss $267.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Thoughtworks Holding (TWKS) reported Q4 earnings of $0.02 per share, missing the consensus estimate of $0.03, and sales of $252.39M, missing the estimate of $267.55M. This represents an 80% decrease in earnings and an 18.78% decrease in sales from the same period last year.
February 27, 2024 | 12:24 pm
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Thoughtworks Holding reported a significant miss in both earnings per share and sales for Q4, with an 80% decrease in earnings and an 18.78% decrease in sales year-over-year.
The significant miss in both earnings per share and sales compared to analyst expectations, coupled with the substantial year-over-year decreases, is likely to negatively impact investor sentiment and the stock price of Thoughtworks Holding in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100