Eos Energy Enterprises Q4 2023 GAAP EPS $(0.160) Beats $(0.240) Estimate, Sales $6.600M Miss $8.996M Estimate
Portfolio Pulse from Benzinga Newsdesk
Eos Energy Enterprises (EOSE) reported Q4 2023 earnings with a GAAP EPS of $(0.160), surpassing the $(0.240) estimate. However, their sales of $6.600M fell short of the $8.996M estimate, despite being a 147.56% increase from the previous year.
March 04, 2024 | 9:05 pm
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Eos Energy Enterprises reported better-than-expected Q4 EPS but missed sales estimates, showing significant year-over-year sales growth.
While EOSE beat EPS estimates, the miss on sales forecasts could temper investor enthusiasm. However, the substantial year-over-year sales growth indicates strong business momentum, which might balance investor sentiment in the short term.
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