ChargePoint Hldgs Q4 2024 GAAP EPS $(0.230), Inline, Sales $115.833M Miss $118.777M Estimate
Portfolio Pulse from Benzinga Newsdesk
ChargePoint Holdings (CHPT) reported Q4 2024 GAAP EPS of $(0.230), meeting analyst consensus estimates, but missed sales estimates with $115.833M against the expected $118.777M, marking a 24.21% decrease from the previous year.
March 05, 2024 | 9:11 pm
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ChargePoint Holdings reported Q4 2024 earnings with EPS in line with estimates but missed on sales, showing a significant year-over-year decrease.
Meeting EPS estimates typically has a neutral to positive impact on stock prices, but missing sales estimates, especially with a significant year-over-year decrease, is likely to have a negative impact on investor sentiment and thus on the stock price in the short term.
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